Producer prices up 1.7 percent for the 12 months ended February 2013
March 15, 2013
For the 12-month period from February 2012 to February 2013, the Producer Price Index for finished goods advanced 1.7 percent, not seasonally adjusted, the largest 12-month increase since a 2.3-percent rise in October 2012.
At the earlier stages of processing, prices for intermediate materials, supplies, and components moved up 1.2 percent for the 12 months ended in February, the largest over-the-year increase since a 2.9-percent advance in March 2012.
On a month-to-month basis, prices for finished goods increased 0.7 percent in February, seasonally adjusted, after increasing 0.2 percent in January and decreasing 0.3 percent in December. At the earlier stages of processing, the monthly index for intermediate goods advanced 1.3 percent in February, and crude goods prices decreased 0.3 percent.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — February 2013" (HTML) (PDF), news release USDL-13-0424. 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 Editor's Desk, Producer prices up 1.7 percent for the 12 months ended February 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130315.htm (visited May 20, 2013).
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