Producer prices in September 2007

October 15, 2007

The Producer Price Index for Finished Goods increased 1.1 percent in September, seasonally adjusted. This advance followed a 1.4-percent decrease in August and a 0.6-percent rise in July.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, September 1998-September 2007
[Chart data—TXT]

The index for finished energy goods turned up 4.1 percent in September after decreasing 6.6 percent in the preceding month.

Prices for finished consumer foods moved up 1.5 percent after declining 0.2 percent in August. The index for finished consumer goods less foods and energy advanced 0.2 percent for the fourth consecutive month.

Slightly counteracting the upturn in finished goods prices, the index for capital equipment fell 0.1 percent following a 0.1-percent increase in August.

From September 2006 to September 2007, prices for finished goods rose 4.4 percent, as shown in the chart.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — September 2007" (PDF) (TXT), news release USDL 07-1549. 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 in September 2007 on the Internet at http://www.bls.gov/opub/ted/2007/oct/wk3/art01.htm (visited July 25, 2016).

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