Producer prices in February 2008

March 19, 2008

The Producer Price Index for Finished Goods rose 0.3 percent in February, seasonally adjusted. This increase followed a 1.0-percent advance in January and a 0.3-percent decline in December.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, February 1999-February 2008
[Chart data—TXT]

The index for finished energy goods increased 0.8 percent in February after rising 1.5 percent in January.

The index for finished consumer foods fell 0.5 percent in February after moving up 1.7 percent in January. The index for finished goods other than foods and energy moved up 0.5 percent subsequent to a 0.4-percent increase in January.

From February 2007 to February 2008, prices for finished goods rose 6.4 percent, as shown in the chart.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes -- February 2008" (PDF) (TXT), news release USDL 08-0379. 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 February 2008 on the Internet at http://www.bls.gov/opub/ted/2008/mar/wk3/art03.htm (visited October 30, 2014).

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