Producer prices up slightly in February

March 19, 2001

The Producer Price Index for Finished Goods edged up 0.1 percent in February, seasonally adjusted. This rise followed a 1.1-percent increase in January and a 0.2-percent gain in December.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, February 1992-February 2001
[Chart data—TXT]

Led by price declines for passenger cars and light motor trucks, the index for finished goods other than food and energy fell 0.3 percent in February, after a 0.7-percent advance in January. Prices for finished energy goods rose 1.4 percent, after posting a 3.8-percent advance in the prior month. The rate of increase in prices for finished consumer foods slowed to 0.6 percent in February from 0.8 percent in January.

From February 2000 to February 2001, finished goods prices advanced 4.0 percent.

These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, February 2001", news release USDL 01-64. 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.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices up slightly in February on the Internet at http://www.bls.gov/opub/ted/2001/mar/wk3/art01.htm (visited July 28, 2016).

OF INTEREST

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.