Producer Price Indexes on the Rise

 

The 12-month percent changes in the Producer Price Index for Finished Goods, not seasonally adjusted: August 2008. Courtesy of Bureau of Labor Statistics

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The Producer Price Index for finished goods advanced 1.7 percent in August, seasonally adjusted. This increase followed a 0.9 - percent decline in July and a 1.8-percent advance in June. In August, at the earlier stages of processing, prices received by manufacturers of intermediate goods rose 1.8 percent and the crude goods index moved up 3.8 percent.

On an unadjusted basis, prices for finished goods fell 4.3 percent from August 2008 to August 2009, following a record 6.8 percent 12-month decline in July.