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Producer prices reverse course in 2008
Joseph Kowal
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.
E-mail: ppi-info@bls.gov
William Snyders
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.
E-mail: ppi-info@bls.gov
Antonio Lombardozzi,
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.
E-mail: ppi-info@bls.gov
Lana Borgie
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.
E-mail: ppi-info@bls.gov
After surging in 2007 and the first 7 months of 2008, prices for energy goods plummeted during the final 5 months of the year; similarly, inflation in food prices slowed significantly in 2008, following a steep runup in 2007 and early-to-mid 2008.
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Producer prices reverse course in 2008.—Jul. 2009.
Producer price inflation accelerates in 2007 due to rising prices for energy and food.—Jul. 2008.
Price highlights, 2006: energy goods retreat, moderating producer prices.—Jul./Aug. 2007.
Price highlights 2005: higher energy prices again dominate producer prices.—Jul. 2006.
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