Producer price index up in January 2009
February 20, 2009
The Producer Price Index for Finished Goods rose 0.8 percent in January, seasonally adjusted. This increase followed declines of 1.9 percent in December and 2.5 percent in November.
The upturn in the index for finished goods was led by the index for energy goods, which increased 3.7 percent after falling 9.1 percent in December. The index for gasoline increased 15.0 percent after dropping 26.2 percent in the preceding month.
Price declines for finished consumer foods slowed to 0.4 percent in January from 1.4 percent in the preceding month. The index for finished goods less foods and energy increased 0.4 percent following a 0.2-percent rise a month earlier.
From January 2008 to January 2009, prices for finished goods declined 1.0 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — January 2009" (PDF) (HTML), news release USDL 09-0170. 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 price index up in January 2009 on the Internet at http://www.bls.gov/opub/ted/2009/feb/wk3/art04.htm (visited May 26, 2016).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.