Producer prices in August 2005

September 14, 2005

The Producer Price Index for Finished Goods rose 0.6 percent in August, seasonally adjusted. This increase followed a 1.0-percent gain in July and no change in June.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, August 1996 - August 2005
[Chart data—TXT]

Among finished goods, prices for goods other than foods and energy showed no change in August, after increasing 0.4 percent in the prior month. The finished energy goods index rose 3.7 percent. Finished consumer foods prices declined 0.3 percent in August.

From August 2004 to August 2005, prices for finished goods rose 5.1 percent (as shown in the chart). Over the same period, the index for finished energy goods increased 19.2 percent, the finished consumer foods index rose 1.2 percent, and prices for finished goods other than foods and energy went up 2.4 percent.

These data are from the BLS Producer Price Index program. To learn more about the changing prices of finished goods, intermediate goods and crude goods, see "Producer Price Indexes -- August 2005" (PDF) (TXT), news release USDL 05-1716. 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. Note: Hurricane Katrina struck Florida and the Gulf Coast after the Producer Price Index's August pricing date, and therefore did not affect the PPI in August.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Producer prices in August 2005 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk2/art03.htm (visited September 02, 2014).

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