Producer prices up 2.5 percent for the 12 months ended June 2013

July 15, 2013

From June 2012 to June 2013, the Producer Price Index for finished goods rose 2.5 percent (not seasonally adjusted). This increase was the largest since March 2012, when the index rose 2.8 percent.

12-month percent changes in the Producer Price Index for finished goods, not seasonally adjusted, June 2012–June 2013
MonthPercent change

Jun 2012

0.7

Jul 2012

0.5

Aug 2012

1.9

Sep 2012

2.1

Oct 2012

2.3

Nov 2012

1.5

Dec 2012

1.4

Jan 2013

1.5

Feb 2013

1.8

Mar 2013

1.1

Apr 2013

0.6

May 2013

1.7

Jun 2013

2.5

Over the month, prices for finished goods increased 0.8 percent in June, seasonally adjusted. Prices for finished goods rose 0.5 percent in May and fell 0.7 percent in April. At the earlier stages of processing, prices received by manufacturers of intermediate goods advanced 0.5 percent in June, and the crude goods index was unchanged.

Most of the broad-based rise in finished goods prices in June can be traced to the index for finished energy goods, which increased 2.9 percent over the month. Also contributing to the advance in finished goods prices, the indexes for finished goods less foods and energy and for finished consumer foods both moved up 0.2 percent.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — June 2013" (HTML) (PDF), news release USDL–13–1313. 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 up 2.5 percent for the 12 months ended June 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130715.htm (visited August 24, 2016).

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