Producer prices in July 2011

August 18, 2011

From June to July, the Producer Price Index for finished goods rose 0.2 percent, seasonally adjusted. This advance followed a 0.4-percent decrease in June and a 0.2-percent rise in May.

12-month percent changes in the Producer Price Index for finished goods, not seasonally adjusted, July 2010–July 2011
[Chart data]

In July, the advance in the finished goods index was led by prices for finished goods less foods and energy, which rose 0.4 percent. Also contributing to higher finished goods prices, the index for finished consumer foods increased 0.6 percent. By contrast, prices for finished energy goods declined 0.6 percent.

At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.2 percent in July, and the crude goods index declined 1.2 percent.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — July 2011" (HTML) (PDF), news release USDL-11-1228. 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 July 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110818.htm (visited October 26, 2014).

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