Producer prices up in June due to energy price increase
July 17, 2000
The Producer Price Index for Finished Goods advanced 0.6 percent in June, seasonally adjusted. This index showed no change in May and declined 0.3 percent in April.
Prices for finished energy goods jumped 5.1 percent, following a 0.5- percent decline in May, and caused June's acceleration in the finished goods index. By contrast, the index for finished consumer goods other than foods and energy edged down 0.1 percent, after increasing 0.2 percent a month ago.
During the first six months of 2000, the finished goods price index advanced at a 4.8-percent seasonally adjusted annual rate, after rising at a 3.8-percent rate during the latter half of 1999. Leading this acceleration, prices for finished energy goods rose at a 26.6-percent annual rate in the first half of this year, following a 20.7-percent annual rate of increase during the final six months of last year.
From June 1999 to June 2000, prices for finished goods gained 4.3 percent (unadjusted). During the same period, the index for finished energy goods increased 23.4 percent, finished goods other than foods and energy rose 1.4 percent, and finished consumer foods advanced 1.6 percent.
These data are a product of the BLS Producer Price Index program. Find out more in Producer Price Indexes, June 2000, news release USDL 00-202. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices up in June due to energy price increase on the Internet at http://www.bls.gov/opub/ted/2000/jul/wk3/art01.htm (visited September 26, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.