TEXT Table 1. Producer Price Indexes and percent changes by stage of processing Table 2. Producer Price Indexes and percent changes for selected commodity groupings by stage of processing Table 2. Producer Price Indexes and percent changes for selected commodity groupings by stage of processing - Continued Table 3. Producer Price Indexes for selected commodity groupings Table #4 Producer price indexes for the net output of major industry groups, not seasonally adjusted FOR DATA ONLY:(202) 606-7828 USDL 96-22 FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN THIS (202) 606-7705 RELEASE IS EMBARGOED UNTIL MEDIA CONTACT:(202) 606-5902 8:30 A.M. (E.S.T.), WEDNESDAY, JANUARY 31, 1996 PRODUCER PRICE INDEXES -- DECEMBER 1995 The Producer Price Index for Finished Goods increased 0.5 percent in December on a seasonally adjusted basis, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This index also rose 0.5 percent in November after edging down 0.1 percent in October. Prices received by domestic producers of intermediate goods moved up 0.2 percent in December after showing no change in the previous month. Crude material prices declined 0.2 percent following a 1.6 percent advance in November. (See table A.) Among finished goods in December, the index for energy goods turned up 3.3 percent following a 0.5 percent decrease a month earlier. Price increases for finished consumer foods slowed from 1.2 percent in November to 0.1 percent in December. Prices for finished goods other than foods and energy increased 0.1 percent, following an advance of 0.4 percent in November. Table A. Monthly and annual percent changes in selected stage-of- processing price indexes, seasonally adjusted Finish ed goods Change in Except finished Inter- goods foods from 12 mediateCrude and months Month Total Foods Energy energy ago goods goods (unadj.) 1994 Dec. 0.3 1.3 -0.9 0.2 1.7 0.4 0.5 1995 Jan. 0.5 -0.5 2.5 0.4 1.7 1.3 0.3 Feb. 0.2 0.3 0.3 0.1 1.7 0.7 1.6 Mar. 0.2 -0.1 0 0.2 1.8 0.4 -1.3 Apr. 0.2 -0.2 0.9 0.3 2.1 0.6 1.7 May 0.2 -0.7 0.6 0.3 2.2 0.2 -1.1 June -0.2 -0.3 -1.1 0.1 2.1 0 1.3 July 0.1 1.0 -2.5 0.2 1.7 0.1 -0.5 Aug. r0 r0.2 r-0.5 0.1 1.3 0 r-1.3 Sept. r0.2 r0.9 r-0.8 0.2 1.8 -0.1 r1.6 Oct. -0.1 0 -0.9 0 2.1 -0.2 0.3 Nov. 0.5 1.2 -0.5 0.4 2.0 0 1.6 Dec. 0.5 0.1 3.3 0.1 2.2 0.2 -0.2 r=revised. Some percent changes shown here and elsewhere in this release -2- may differ from those previously reported because indexes for August 1995 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. Before seasonal adjustment, the Producer Price Index for finished goods increased 0.3 percent in December to 129.0 (1982=100). From December 1994 to December 1995, the Finished Goods Price Index rose 2.2 percent after increasing 1.7 percent in calendar-year 1994. The finished energy goods index moved up 0.9 percent in 1995 after a rise of 3.5 percent the year before. Prices for finished consumer foods advanced 1.9 percent in 1995 after increasing 1.1 percent in 1994. The index for finished goods other than foods and energy rose 2.5 percent in 1995 following a 1.6 percent rise a year earlier. The majority of this acceleration can be attributed to sanitary paper products, alcoholic beverages, and tobacco products. At the earlier stages of processing, prices received by domestic producers of intermediate goods increased 3.3 percent after advancing 4.4 percent in 1994. The index for crude materials turned up 4.1 percent in 1995 after dipping 0.5 percent in the previous year. Finished goods The Producer Price Index for finished energy goods advanced 3.3 percent in December, seasonally adjusted, following 6 consecutive months of decline. Gasoline prices increased 11.8 percent in December after falling 3.8 percent in November. In December, prices also turned up after decreasing a month earlier for residential natural gas. Price increases for home heating oil accelerated from 7.3 percent in November to 11.0 percent in December. By contrast, prices turned down after increasing in the previous month for residential electric power. -3- Table B. Monthly and annual percent changes in selected price indexes for intermediate goods andcrude goods, seasonally adjusted Interm Crude ediate goods goods Change in intermedi Change in ate crude Exclud goods Excludi goods from ing from ng 12 foods 12 months foods months ago and ago and Month Foods Energy energy (unadj.) Foods Energy energy (unadj.) 1994 Dec. -0.5 0.1 0.5 4.4 -0.1 0.1 2.2 -0.5 1995 Jan. 0.4 1.3 1.2 5.4 0 -1.4 3.0 -1.6 Feb. -0.1 0.6 0.8 5.8 1.3 2.5 1.1 0.8 Mar. 0.4 0.6 0.4 6.2 -2.4 -1.4 0.9 -1.7 Apr. -1.0 0.6 0.6 6.7 -1.1 5.2 1.2 -0.5 May -1.0 0.6 0.3 6.9 -2.8 0.1 -0.3 -0.2 June 1.0 -1.3 0.1 6.4 3.8 -0.7 0.2 0.2 July 1.6 -2.1 0.3 6.1 4.1 -4.4 -1.8 -0.1 Aug. r1.0 -0.6 0.1 5.4 r1.0 r-4.1 r-1.4 r-1.4 Sept. r1.0 -1.4 0.1 4.9 r3.9 r1.4 r-1.8 2.7 Oct. 3.0 -0.9 -0.3 4.4 2.1 0.1 -2.6 3.5 Nov. 2.4 1.1 -0.2 3.5 3.6 1.6 -2.1 4.5 Dec. 1.2 2.7 -0.4 3.3 -0.9 1.5 -1.1 4.1 r=revised. Some percent changes shown here and elsewhere in this release may differ from those previously reported because indexes for August 1995 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. Prices for finished consumer foods edged up 0.1 percent in December, following a 1.2 percent advance in November. The December slowdown in price increases was led by a downturn in prices for finfish and shellfish, beef and veal, and for fresh fruits and melons, all of which had increased in November. Price increases slowed markedly from November to December for eggs for fresh use, dairy products, processed young chickens, and roasted coffee. By contrast, prices turned up after falling a month earlier for fresh and dry vegetables and pork. Prices rose more rapidly than in the previous month for confectionery end products. The indexes for soft drinks, processed turkeys, milled rice, and for shortening and cooking oils all fell much less in December than in November. The index for consumer goods other than foods and energy inched up 0.1 percent in December, following a 0.4 percent advance in November. From December 1994 to December 1995, this index increased 2.7 percent after rising 1.4 percent in the previous year. In December, price increases for passenger cars slowed to 0.2 percent from 1.3 percent in November. Prices also rose less than a month earlier for light trucks, prescription drugs, books, newspapers, and for lawn and garden equipment. Indexes turned down after rising in the previous month for cosmetics, -4- household appliances, periodicals, soaps and detergents, and for tires and tubes. By contrast, prices turned up after falling in November for women's apparel and household glassware. The indexes for sanitary papers and health products and for mobile homes rose more rapidly in December than a month earlier. Prices continued to rise modestly for over-the-counter drugs. The capital equipment index edged up 0.1 percent in December, following a 0.4 percent advance in November. Prices for capital goods were 2.2 percent higher in December 1995 than a year earlier, compared with a 2.0 percent increase in 1994. In December, price increases for light trucks slowed from 1.6 percent in November to 0.8 percent; prices also rose less than in the previous month for agricultural machinery and equipment, paper industries machinery, pumps and compressors, railroad equipment, and textile machinery. Price indexes declined more in December than a month earlier for heavy trucks and electronic computers. Prices turned down after rising in November for communication equipment, tools and dies, transformers, mining machinery, and metal forming machine tools. By contrast, price increases accelerated for civilian aircraft. Prices turned up after moving down in November for construction machinery and metal cutting machine tools. Intermediate goods The Producer Price Index for Intermediate Materials, Supplies, and Components increased 0.2 percent, seasonally adjusted, after remaining unchanged in the previous month. The index for energy goods rose more than a month earlier. By contrast, the index for foods and feeds rose less than in November, and prices for both nondurable and durable manufacturing materials fell more than a month ago. In addition, the index for construction materials fell the same as in November. Excluding food and energy prices, the index for intermediate materials declined 0.4 percent after falling 0.2 percent a month earlier. (See table B.) The index for intermediate energy goods increased 2.7 percent in December after rising 1.1 percent a month earlier. From December 1994 to December 1995, this index increased 1.1 percent, about a third of its rise in 1994. The December increase was led by the index for gasoline which turned up 11.8 percent after falling 3.8 percent in the previous month. Prices for both jet and diesel fuels rose more than in November. Conversely, the index for industrial electric power declined 0.2 percent after rising 1.1 percent a month earlier. Prices for commercial electric power also turned down after rising in the prior month. Indexes for natural gas to electric utilities and both commercial and industrial natural gas rose less than a month ago. The advance in the index for intermediate foods and feeds slowed to 1.2 percent from 2.4 percent in the previous month. December was the seventh consecutive monthly increase for this index. After falling 4.5 percent in 1994, this index turned up 10.3 percent in 1995. The December deceleration was led by the prepared animal feeds index which rose 3.6 percent after increasing 5.3 percent in November. Prices for liquid milk products also rose less than a month earlier. Indexes for beef and veal, confectionery materials, and butter turned down after rising in the prior month. The index for pork, however, turned up 2.3 percent after falling 1.3 percent a month ago. Prices for crude vegetable oils fell less than in -5- November. In addition, indexes for dry milk products and refined sugar rose more than in the prior month. The index for nondurable manufacturing materials fell 1.0 percent after decreasing 0.9 percent in November. This index increased 5.8 percent in 1995 following a 10.4 percent advance in 1994. In December, price declines for intermediate basic organic chemicals, leather, paperboard, woodpulp, and primary basic organic chemicals, outweighed increases for fertilizer materials, miscellaneous inorganic chemicals, and synthetic fibers. The index for durable manufacturing materials fell 0.7 percent after decreasing 0.6 percent in November. This index advanced 1.0 percent from December 1994 to December 1995 following an increase of 9.8 percent in calendar year 1994. In December, prices for plywood, building paper and board, aluminum, and silver fell, while prices increased for copper and brass mill shapes, lead, zinc, and gold. The index for construction materials fell 0.3 percent for the third consecutive month. Over the year, these prices moved up 1.9 percent after rising 3.9 percent in 1994. In December, price declines for softwood lumber, plywood, millwork, and plastic construction products more than offset increases for air conditioning and refrigeration equipment, wiring devices, plumbing fixtures and brass fittings, non-fluid power metal valves, and cement. Crude goods The Producer Price Index for Crude Materials declined 0.2 percent in December, after rising 1.6 percent in November. Prices for foods and feeds declined after rising a month earlier. Prices for crude energy materials, however, increased slighty less than in the prior month, and the basic industrial materials index declined less than it had in the previous month. (See table B.) After rising 3.6 percent in November, the index for foods and feeds declined 0.9 percent in December. From December 1994 to December 1995, this index increased 12.9 percent, after declining 9.4 percent in 1994. In December, prices for slaughter cattle turned down 3.2 percent after rising 3.0 percent a month earlier. Indexes for slaughter broilers, unprocessed finfish, slaughter turkeys, and corn turned down after rising in the previous month. By contrast, prices for slaughter hogs turned up 8.0 percent in December after a 9.1 percent decline a month earlier. Indexes for hay and for fresh and dry vegetables turned up after falling in November. The rise in the crude energy materials index was 1.5 percent in December, about the same as a month earlier. This index remained virtually unchanged for the second consecutive year. In December, price increases for crude petroleum and coal outweighed a decline for natural gas to pipelines. -6- The crude nonfood materials less energy index fell 1.1 percent in December after declining 2.1 percent in the prior month. December was the sixth consecutive monthly decline. This index fell 4.6 percent from December 1994 to December 1995 after rising 17.3 percent in the prior year. In December, the index for iron and steel scrap fell 0.3 percent after a 4.4 percent decline in November. Price decreases for wastepaper, cattle hides and aluminum base scrap also slowed from a month ago. By contrast, prices for raw cotton and silver ores turned down after increasing in November. The copper base scrap index fell more than it had in the previous month. In addition, the index for copper ores rose less than it had a month earlier. Net output price indexes for mining. manufacturing, and other industries Mining. The Producer Price Index for the net output of total domestic mining industries increased 1.3 percent in December after rising 2.0 percent in November. (Net output price indexes are not seasonally adjusted.) In December, prices for the oil and gas extraction industry group moved up 1.7 percent following a 3.6 percent advance in the preceding month. Price indexes turned down after increasing a month earlier for the metal mining and anthracite mining industry groups. However, prices turned up after falling in November for the bituminous coal and lignite mining and for the nonmetallic minerals mining industry groups. After falling 2.6 percent in 1994, the Producer Price Index for total mining decreased 0.8 percent in 1995, chiefly reflecting lower prices for oil and gas extraction and for nonmetallic mineral mining. In December 1995, the index for total domestic mining stood at 71.4 (December 1984=100). Manufacturing. The Producer Price Index for total domestic manufacturing industries increased 0.2 percent in December, the same as in November. Prices for the petroleum refining industry group turned up 3.3 percent after 2 months of decline. Among other domestic manufacturing industries in December, modest increases were registered for the industry groups for food and kindred products, textile mill products, furniture and fixtures, printing and publishing, and measuring instruments. Prices declined for the industry groups for lumber and wood products, paper and allied products, rubber and plastic products, and primary metal industries. The index for the net output of the domestic manufacturing sector stood at 125.3 in December, 3.0 percent higher than its level of a year earlier. In 1994, this index increased 2.4 percent. In 1995, all categories increased in price except for lumber and wood products, which moved down 2.6 percent. The largest increase (13.1 percent) was for the paper and allied products industry group. The next larger increases were for the industry groups for printing and publishing (6.8 percent) and chemicals and allied products (5.7 percent). Increases for the other industry groups were all less than 3.5 percent in 1995. Other. Among other industries in December, the largest declines were for wastepaper collection, travel agencies, medical laboratories, water transportation of freight not elsewhere classified, and metal scrap collection. Increases occurred for natural gas utilities, deep sea domestic transportation of freight, and freight transportation arrangement. -7- Over the year, the largest decreases were in the indexes for waste paper collection (51.7 percent), travel agencies (8.3 percent), and metal scrap collection (6.9 percent). Advances were registered for scheduled air transportation (10.7 percent), local trucking with storage (10.7 percent), United States Postal Service (10.4 percent), water transportation of freight not elsewhere classified (8.9 percent), and passenger car rental (7.9 percent). ***** Producer Price Index data for January 1996 are scheduled for release on Tuesday, February 27, at 8:30 a.m. (E.S.T.) ***** Information in this news release will be made available to sensory impaired individuals upon request. Voice phone: 202-606-7828; TDD phone: 202-606- 5897; TDD Message Referral phone: 1-800-326-2577. -8- PPI Weights to be Updated The Bureau of Labor Statistics will soon update the value weights used to calculate Producer Price Indexes to more accurately reflect recent production and marketing patterns. The new weights, which will be introduced next month when January 1996 index data are released, will be based on shipment values from the year 1992. These value weights come from the Census of Manufactures, the Census of Mining, the Census of Services, and the Census of Agriculture. PPI weights have been based upon 1987 census shipment values since January 1992. All indexes will be affected by this weight update, including all the industry net output indexes, as well as those calculated from traditional commodity groupings. In addition, weights will be updated from the 1987 to the 1992 census for all stage-of-processing indexes, net output of industry by stage of process indexes, durability of product indexes, and special commodity-grouping indexes. This weight revision will not change the arithmetic reference base, in most cases 1982=100, of the PPI index system. Also with the publication of January data next month, SIC-classified indexes will reflect updated input/output (I/O) ratios based on the 1987 Input-Output Account of the Bureau of Economic Analysis (BEA). These I/O ratios, which represent the proportion of each industry's output consumed outside the industry, will be updated from those reflected in BEA's 1977 Input-Output Account. The commodity grouping indexes will not be affected. It is important to note that the PPI classification system and aggregation structure will not change as a result of the weight revisions discussed above. The weight update, however, will result in significant shifts in the relative importance of various industries and products, and these shifts will impact future aggregate indexes in a manner commensurate with the relative gains and losses in value weights from 1987 to 1992. Relative importances as of December 1995 on the 1987 and 1992 weighting schemes will be available on February 23, 1996. To request this information call the Division of Industrial Prices and Price Indexes, Section of Index Analysis at 202-606-7705. Recalculated Seasonal Adjustment Factors to be Available on February 23, 1996 Each year with the release of the January PPI, seasonal adjustment factors are recalculated to reflect price movements from the just-completed calendar year. This routine annual recalculation may result in revisions to seasonally adjusted indexes for the previous 5 years. The recalculated seasonal adjustment factors customarily have been available around the time of the release of the January data in February. This year, the following information will be available on February 23, 2 work days prior to the release of PPI data for January 1996 on February 27: -1996 factors for seasonally adjusted commodity indexes. -A table of changes of seasonal status of commodity indexes. -Recalculated seasonal factors for the last 5 years (1991-1995) for -9- Stage-of-Processing indexes. -For the overall and less food and energy finished goods, intermediate materials, and crude materials indexes, a table containing the following information for the previous 2 years (1994 and 1995): -Former and revised seasonally adjusted indexes, -Former and revised seasonally adjusted percent changes, -Former and recalculated seasonal factors. To request any of this information, call the Division of Industrial Prices and Price Indexes, Section of Index Analysis at 202-606-7705. Effect of Government Shutdown on December 1995 PPI Data Collection and processing of December Producer Price Index data were interrupted because the Bureau of Labor Statistics was shutdown for parts of December and January due to a lapse in funding. The December PPI data collection forms were mailed to respondents prior to the shutdown. Respondents completed the forms, reporting their prices as of December 12, and mailed them back to the Bureau during the shutdown. Processing of the collected data commenced after the shutdown, which was extended by a weather-related closing. The delay in the processing of the data resulted in BLS receiving a slightly higher than normal percentage of returned survey forms, enhancing the sampling reliability of the December PPI. The shutdown also delayed the mailing of January data collection forms until January 19, which was after the scheduled January 9 pricing date. This created the possibility that respondents might report price changes for January that should be included in the February PPI. To lessen this possibility, a note reminding respondents to report prices as of January 9 was included with the survey forms. The processing period for January forms has been shortened to minimize the delay in the January release, originally scheduled for February 13, now scheduled for February 27. BLS will make every effort to assess the possible impact on January PPI release of the late mailing of data collection forms and advise users accordingly. The delayed collection and processing of January data due to the shutdown will result in a slight delay in the collection of February data. However, the delay is expected to have no appreciable effect on February PPI data, which will be released as originally scheduled on March 14. Table 1. Producer Price Indexes and percent changes by stage of processing (1982=100) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | Relative | Unadjusted index |change to |percent change from: Grouping |importance| |Dec. 1995 from:| | |_______________________|_______________|_______________________________ | Dec. | | | | | | | | | Aug. |Nov. |Dec. | Dec. | Nov. |Sept.to|Oct. to |Nov. to | 1994 1/|1995 2/|1995 2/|1995 2/| 1994 | 1995 | Oct. | Nov. | Dec. _________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|____________ | Finished goods...................................| 100.000 128.1 128.6 129.0 2.2 0.3 -0.1 0.5 0.5 Finished consumer goods........................| 76.521 125.9 126.1 126.6 2.2 .4 -.1 .5 .6 Finished consumer foods......................| 22.785 128.8 130.9 131.0 1.9 .1 0 1.2 .1 Crude......................................| 1.749 108.2 125.9 124.0 -12.9 -1.5 -9.5 13.5 -2.0 Processed..................................| 21.036 130.3 131.3 131.4 3.1 .1 .6 .5 .2 Finished consumer goods, excluding foods.....| 53.736 124.4 123.9 124.5 2.2 .5 -.2 .2 .9 Nondurable goods less foods................| 35.843 119.8 117.8 118.8 2.5 .8 -.3 -.1 1.3 Durable goods..............................| 17.893 131.9 134.5 134.5 1.7 0 0 .6 .2 Capital equipment..............................| 23.479 136.6 138.0 138.1 2.2 .1 -.1 .4 .1 Manufacturing industries.....................| 6.074 135.9 136.9 136.9 2.1 0 0 .3 0 Nonmanufacturing industries..................| 17.404 136.7 138.3 138.4 2.3 .1 -.1 .4 .2 | Intermediate materials, supplies, and components.| 100.000 126.0 125.1 125.1 3.3 0 -.2 0 .2 Materials and components for manufacturing.....| 49.659 131.3 130.6 129.9 2.9 -.5 -.2 -.3 -.5 Materials for food manufacturing.............| 3.210 120.0 122.9 122.8 4.5 -.1 2.3 .7 .1 Materials for nondurable manufacturing.......| 15.705 137.1 135.4 134.0 5.8 -1.0 -.8 -.9 -1.0 Materials for durable manufacturing..........| 11.851 136.4 134.0 133.1 1.0 -.7 -.8 -.6 -.7 Components for manufacturing.................| 18.893 126.6 126.9 127.0 1.7 .1 .1 .2 0 Materials and components for construction......| 14.139 142.9 142.5 142.1 1.9 -.3 -.3 -.3 -.3 Processed fuels and lubricants.................| 12.570 86.0 82.2 83.2 1.1 1.2 -.9 1.1 2.7 Manufacturing industries ....................| 5.160 89.0 84.6 85.6 .5 1.2 -.1 1.1 2.0 Nonmanufacturing industries..................| 7.411 84.1 80.6 81.7 1.6 1.4 -1.2 1.1 3.2 Containers.....................................| 3.609 152.0 151.2 150.6 9.6 -.4 -.4 -.2 -.4 Supplies.......................................| 20.023 132.7 134.3 134.7 4.9 .3 .4 .5 .3 Manufacturing industries.....................| 7.508 137.8 138.2 138.2 3.7 0 0 .1 0 Nonmanufacturing industries..................| 12.515 130.0 132.2 132.9 5.7 .5 .5 .8 .5 Feeds......................................| 1.182 102.5 117.2 122.5 25.9 4.5 5.0 6.5 4.1 Other supplies.............................| 11.334 133.8 134.3 134.4 3.6 .1 .1 .1 .1 | Crude materials for further processing...........| 100.000 100.5 103.6 104.6 4.1 1.0 .3 1.6 -.2 Foodstuffs and feedstuffs......................| 40.088 104.8 113.9 114.7 12.9 .7 2.1 3.6 -.9 Nonfood materials..............................| 59.912 93.8 93.1 94.1 -1.9 1.1 -1.1 0 .5 Nonfood materials except fuel 3/.............| 41.842 104.4 99.9 101.7 .4 1.8 -3.2 -1.2 1.8 Manufacturing 3/...........................| 36.339 96.1 91.4 93.3 .4 2.1 -3.6 -1.3 2.0 Construction...............................| 5.504 199.1 196.6 197.8 .7 .6 -.7 -.6 .6 Crude fuel 4/................................| 18.069 66.5 72.6 72.1 -7.3 -.7 5.1 3.1 -2.7 Manufacturing industries...................| 3.891 67.6 72.9 72.4 -6.6 -.7 4.4 2.7 -2.5 Nonmanufacturing industries................| 14.178 67.0 73.4 72.8 -7.6 -.8 5.3 3.2 -2.8 | Special groupings | | Finished goods, excluding foods..................|5/ 77.215 127.8 127.8 128.3 2.2 .4 -.1 .2 .8 Intermediate materials less foods and feeds......|6/ 95.525 126.6 125.3 125.2 3.0 -.1 -.4 -.1 .1 Intermediate foods and feeds.....................|6/ 4.475 114.8 121.4 123.0 10.3 1.3 3.0 2.4 1.2 Crude materials less agricultural products 3/ 7/.|8/ 57.845 92.7 91.8 92.9 -2.0 1.2 -1.1 0 .7 | Finished energy goods............................|5/ 13.533 79.4 75.2 76.6 .9 1.9 -.9 -.5 3.3 Finished goods less energy.......................|5/ 86.467 136.7 138.5 138.6 2.4 .1 0 .6 .1 Finished consumer goods less energy..............|5/ 62.988 136.8 138.7 138.8 2.4 .1 0 .7 .1 | Finished goods less foods and energy.............|5/ 63.682 139.8 141.5 141.6 2.5 .1 0 .4 .1 Finished consumer goods less foods and energy....|5/ 40.203 141.9 143.6 143.8 2.7 .1 .1 .4 .1 Consumer nondurable goods less foods and energy..|5/ 22.310 149.0 149.9 150.2 3.4 .2 .2 .2 .1 | Intermediate energy goods........................|6/ 12.712 85.9 82.0 83.1 1.1 1.3 -.9 1.1 2.7 Intermediate materials less energy...............|6/ 87.288 134.9 134.7 134.3 3.5 -.3 -.1 -.1 -.3 Intermediate materials less foods and energy.....|6/ 82.813 136.1 135.5 135.0 3.1 -.4 -.3 -.2 -.4 | Crude energy materials 3/........................|8/ 34.885 65.6 68.3 69.9 0 2.3 .1 1.6 1.5 Crude materials less energy......................|8/ 65.115 122.9 126.1 126.4 6.1 .2 .4 1.6 -1.0 Crude nonfood materials less energy 4/...........|8/ 25.027 174.0 161.7 160.7 -4.6 -.6 -2.6 -2.1 -1.1 | ____________________________________________________________________________________________________________________________________ 1/ Comprehensive relative importance figures are initially computed 3/ Includes crude petrolem. after the publication of December indexes and are recalculated 4/ Excludes crude petroleum. after final December indexes are available. The first-published 5/ Percent of total finished goods. and final December relative importances initially appear, 6/ Pecent of total intermediate materials. respectively, in the release tables containing January and May data. 7/ Formerly titled "Crude materials for 2/ The indexes for Aug. 1995 have been recalculated to incorporate further processing, excluding crude late reports and corrections by respondents. All indexes foodstuffs and feedstuffs, plant and are subject to revision four months after original publication. animal fibers, oilseeds, and leaf tobacco." 8/ Percent of total crude materials. Table 2. Producer Price Indexes and percent changes for selected commodity groupings by stage of processing (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |Dec. 1995 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |Aug. |Nov. |Dec. | Dec. | Nov. |Sept.to|Oct. to|Nov. to | |1995 1/|1995 1/|1995 1/| 1994 | 1995 | Oct. | Nov. | Dec. ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | |FINISHED GOODS.........................................| 128.1 128.6 129.0 2.2 0.3 -0.1 0.5 0.5 | FINISHED CONSUMER GOODS...............................| 125.9 126.1 126.6 2.2 .4 -.1 .5 .6 | FINISHED CONSUMER FOODS..............................| 128.8 130.9 131.0 1.9 .1 0 1.2 .1 | | 01-11 | Fresh fruits and melons 2/..........................| 93.0 88.4 85.8 1.7 -2.9 -3.8 2.1 -2.9 01-13 | Fresh and dry vegetables 2/.........................| 113.2 126.6 137.9 -35.9 8.9 -19.1 -.3 8.9 01-71-07 | Eggs for fresh use (Dec. 1991=100) 2/...............| 81.3 110.6 113.0 31.5 2.2 .7 22.6 2.2 02-11 | Bakery products 2/..................................| 164.9 166.5 166.7 3.1 .1 .1 .2 .1 02-13 | Milled rice 2/......................................| 116.1 131.4 131.0 31.9 -.3 15.9 -4.1 -.3 02-14-02 | Pasta products (June 1985=100) 2/...................| 120.4 126.9 126.7 -.5 -.2 2.8 .1 -.2 02-21-01 | Beef and veal.......................................| 97.7 100.8 99.9 -1.4 -.9 3.3 .5 -.9 02-21-04 | Pork................................................| 108.7 101.6 103.7 14.2 2.1 2.0 -1.3 2.3 02-22-03 | Processed young chickens............................| 119.2 120.2 119.6 13.8 -.5 -2.2 5.0 .9 02-22-06 | Processed turkeys...................................| 106.9 111.3 108.5 2.8 -2.5 -.3 -3.2 -.4 02-23 | Finfish and shellfish...............................| 170.8 179.0 165.1 1.7 -7.8 -.5 5.2 -8.5 02-3 | Dairy products......................................| 119.0 125.1 125.0 5.4 -.1 1.8 1.6 .2 02-4 | Processed fruits and vegetables.....................| 122.9 124.2 125.0 4.5 .6 .2 .8 .7 02-55 | Confectionery end products 2/.......................| 161.6 162.3 164.6 5.2 1.4 0 .2 1.4 02-62 | Soft drinks.........................................| 133.5 133.4 133.5 4.8 .1 .7 -.5 -.1 02-63-01 | Roasted coffee......................................| 148.3 141.7 140.9 -7.5 -.6 .3 1.4 .2 02-76 | Shortening and cooking oils 2/......................| 142.2 141.2 140.4 -2.9 -.6 .1 -.9 -.6 | | | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 124.4 123.9 124.5 2.2 .5 -.2 .2 .9 | | 02-61 | Alcoholic beverages.................................| 128.9 129.7 129.9 3.9 .2 .2 .4 0 03-81-01 | Women's apparel 2/..................................| 119.4 118.6 118.9 -.8 .3 .7 -1.3 .3 03-81-02 | Men's and boys' apparel.............................| 130.4 130.6 130.7 1.2 .1 .3 .1 .1 03-81-03 | Girls', children's, and infants' apparel 2/.........| 121.4 122.6 122.6 3.5 0 0 -.1 0 03-82 | Textile housefurnishings 2/.........................| 120.2 120.7 120.7 2.2 0 0 .4 0 04-3 | Footwear............................................| 139.3 140.1 140.4 2.8 .2 1.0 .1 -.1 05-41 | Residential electric power (Dec. 1990=100)..........| 116.2 110.4 109.9 1.0 -.5 .5 1.0 -1.1 05-51 | Residential gas (Dec. 1990=100).....................| 103.2 101.0 105.3 -2.6 4.3 -.6 -1.5 3.5 05-71 | Gasoline............................................| 64.5 57.2 59.8 2.4 4.5 -2.7 -3.8 11.8 05-73-02-01| Fuel oil No. 2......................................| 55.3 58.0 62.0 11.9 6.9 -11.1 7.3 11.0 06-35 | Pharmaceutical preps, ethical (Prescription)........| 257.1 260.8 261.3 3.7 .2 .6 .8 .3 06-36 | Pharmaceutical preps,proprietary (Over-counter).....| 186.6 187.1 187.5 1.6 .2 -.1 .4 .4 06-71 | Soaps and synthetic detergents 2/...................| 122.8 123.9 123.6 1.8 -.2 0 .7 -.2 06-75 | Cosmetics and other toilet preparations 2/..........| 127.2 130.0 129.6 .6 -.3 -.5 .9 -.3 07-12 | Tires, tubes, tread, etc 2/.........................| 101.0 101.0 99.7 1.0 -1.3 -.1 .1 -1.3 09-15-01 | Sanitary papers and health products 2/..............| 148.0 151.3 153.6 14.4 1.5 .7 .7 1.5 09-31-01 | Newspaper circulation...............................| 186.9 192.8 194.0 9.1 .6 -.8 .9 .5 09-32-01 | Periodical circulation..............................| 176.8 178.0 177.7 4.3 -.2 .9 .8 -.3 09-33 | Book publishing 2/..................................| 186.2 189.6 190.6 6.2 .5 .8 1.3 .5 12-1 | Household furniture.................................| 142.2 143.1 143.3 2.8 .1 .1 .1 .2 12-3 | Floor coverings 2/..................................| 123.6 123.4 123.4 1.0 0 -.1 .2 0 12-4 | Household appliances 2/.............................| 112.2 112.8 111.9 -.4 -.8 .4 .3 -.8 12-5 | Home electronic equipment 2/........................| 78.4 78.0 77.7 -3.0 -.4 0 .1 -.4 12-62 | Household glassware 2/..............................| 153.7 152.8 152.9 2.0 .1 .1 -.4 .1 12-64 | Household flatware 2/...............................| 137.9 137.9 138.9 .7 .7 0 0 .7 12-66 | Lawn and garden equip., ex. tractors 2/.............| 130.3 131.4 131.5 1.4 .1 .3 .6 .1 14-11-01 | Passenger cars......................................| 131.3 138.3 138.1 1.8 -.1 .4 1.3 .2 15-11 | Toys, games, and children's vehicles................| 124.4 124.5 124.4 1.4 -.1 .3 0 .1 15-12 | Sporting and athletic goods 2/......................| 122.2 122.7 122.9 2.4 .2 .4 .3 .2 15-2 | Tobacco products 2/.................................| 233.6 233.5 233.1 3.5 -.2 -.2 0 -.2 15-5 | Mobile homes 2/.....................................| 144.9 147.8 148.9 4.9 .7 .3 .5 .7 15-94-02 | Jewelry, platinum, & karat gold 2/..................| 127.9 128.1 127.7 .1 -.3 .3 -.2 -.3 15-94-04 | Costume jewelry and novelties 2/....................| 135.3 134.9 134.9 .4 0 0 0 0 | | | CAPITAL EQUIPMENT.....................................| 136.6 138.0 138.1 2.2 .1 -.1 .4 .1 | | 11-1 | Agricultural machinery and equipment 2/.............| 143.5 144.3 144.4 3.9 .1 .4 .6 .1 11-2 | Construction machinery and equipment................| 136.7 137.4 137.5 2.2 .1 .6 -.1 .1 11-37 | Metal cutting machine tools 2/......................| 149.2 150.0 150.1 4.2 .1 .3 -.4 .1 11-38 | Metal forming machine tools 2/......................| 146.4 147.1 147.0 2.2 -.1 .1 .5 -.1 11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 134.2 135.0 134.9 2.0 -.1 0 .5 -.1 11-41 | Pumps, compressors, and equipment...................| 139.3 141.3 141.6 4.2 .2 1.3 .4 .2 11-44 | Industrial material handling equipment 2/...........| 125.7 126.1 126.2 2.1 .1 .1 .2 .1 11-51 | Electronic computers (Dec. 1990=100) 2/.............| 50.6 49.0 48.5 -13.2 -1.0 -.6 -.8 -1.0 11-62 | Textile machinery 2/................................| 146.7 148.1 148.2 2.0 .1 0 .6 .1 11-64 | Paper industries machinery (June 1982=100) 2/.......| 151.7 151.9 152.1 2.8 .1 .3 1.0 .1 11-65 | Printing trades machinery 2/........................| 133.8 135.1 135.1 2.8 0 .4 .2 0 11-74 | Transformers and power regulators 2/................| 129.6 131.8 130.9 3.2 -.7 .8 .5 -.7 11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 111.9 112.5 112.2 .9 -.3 -.1 .2 -.3 11-79-05 | X-ray and electromedical equipment 2/...............| 111.4 111.5 111.3 -.7 -.2 .1 0 -.2 11-91 | Oil field and gas field machinery 2/................| 114.6 116.0 116.1 3.8 .1 1.0 .2 .1 11-92 | Mining machinery and equipment 2/...................| 136.0 140.3 137.3 2.8 -2.1 .4 2.3 -2.1 11-93 | Office and store machines and equipment 2/..........| 111.4 111.7 111.7 .6 0 -.1 .1 0 12-2 | Commercial furniture 2/.............................| 148.9 150.1 150.9 3.8 .5 .2 .7 .5 14-11-05 | Light motor trucks..................................| 158.1 161.9 162.2 1.6 .2 -1.8 1.6 .8 14-11-06 | Heavy motor trucks..................................| 144.9 146.8 145.0 3.8 -1.2 .6 -.5 -1.3 14-14 | Truck trailers......................................| 132.1 132.1 132.1 2.2 0 .2 0 -.2 14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 142.6 142.2 143.9 5.5 1.2 0 .1 1.5 14-31 | Ships (Dec. 1985=100)...............................| 132.9 132.9 132.9 1.2 0 -1.3 .1 -.1 14-4 | Railroad equipment 2/...............................| 135.7 136.6 137.0 5.2 .3 .1 .6 .3 | | |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 126.0 125.1 125.1 3.3 0 -.2 0 .2 | | | INTERMEDIATE FOODS AND FEEDS..........................| 114.8 121.4 123.0 10.3 1.3 3.0 2.4 1.2 | | 02-12-03 | Flour 2/............................................| 128.8 135.2 136.1 20.1 .7 1.4 1.1 .7 02-53 | Refined sugar 2/....................................| 118.4 119.7 121.1 1.6 1.2 .6 .5 1.2 02-54 | Confectionery materials.............................| 109.3 110.2 109.3 1.9 -.8 7.4 .8 -.6 02-72 | Crude vegetable oils 2/.............................| 128.0 124.5 121.6 -13.9 -2.3 1.9 -4.6 -2.3 02-9 | Prepared animal feeds 2/............................| 108.4 120.9 125.3 20.6 3.6 4.2 5.3 3.6 | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 126.6 125.3 125.2 3.0 -.1 -.4 -.1 .1 | | 03-1 | Synthetic fibers 2/.................................| 111.0 110.3 111.6 7.0 1.2 .4 -.5 1.2 03-2 | Processed yarns and threads 2/......................| 113.5 113.8 113.6 3.4 -.2 .5 .2 -.2 03-3 | Gray fabrics 2/.....................................| 121.4 120.9 121.6 3.3 .6 -1.4 -.7 .6 03-4 | Finished fabrics....................................| 122.3 122.1 122.3 2.3 .2 -.3 -.1 .3 03-83-03 | Industrial textile products 2/......................| 119.1 122.2 121.5 3.5 -.6 2.9 -.1 -.6 04-2 | Leather 2/..........................................| 190.0 182.5 181.8 -4.5 -.4 -.9 -1.0 -.4 05-32 | Liquefied petroleum gas.............................| 61.7 64.3 66.3 3.0 3.1 .3 1.5 3.0 ____________________________________________________________________________________________________________________________________ See footnotes at end of table. Table 2. Producer Price Indexes and percent changes for selected commodity groupings by stage of processing - Continued (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |Dec. 1995 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |Aug. |Nov. |Dec. | Dec. | Nov. |Sept.to|Oct. to|Nov. to | |1995 1/|1995 1/|1995 1/| 1994 | 1995 | Oct. | Nov. | Dec. ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | | -Continued..........................................| 05-42 | Commercial electric power...........................| 139.7 127.4 127.6 0.6 0.2 0.8 0.8 -0.1 05-43 | Industrial electric power...........................| 136.5 127.8 127.8 .3 0 1.0 1.1 -.2 05-52 | Commercial natural gas (Dec. 1990=100) 2/...........| 92.7 97.3 98.3 -4.1 1.0 -.6 5.2 1.0 05-53 | Industrial natural gas (Dec. 1990=100) 2/...........| 87.2 91.2 92.3 -4.6 1.2 1.3 4.3 1.2 05-54 | Natural gas to electric utilities (Dec. 1990=100) 2/| 81.8 92.1 93.1 -1.4 1.1 -.5 13.6 1.1 05-72-03 | Jet fuels...........................................| 53.9 57.9 59.5 6.1 2.8 -3.7 .6 8.1 05-73-03 | No. 2 Diesel fuel...................................| 56.0 59.2 60.2 11.1 1.7 -8.8 2.7 8.9 05-74 | Residual fuel.......................................| 54.0 46.1 48.5 -4.7 5.2 -4.8 3.9 .9 06-1 | Industrial chemicals 2/.............................| 129.6 126.0 123.0 0 -2.4 -2.4 -1.4 -2.4 06-21 | Prepared paint......................................| 143.3 143.4 143.6 4.9 .1 .2 0 .1 06-22 | Paint materials 2/..................................| 140.5 141.7 142.5 6.1 .6 .4 -1.0 .6 06-31 | Medicinal and botanical chemicals 2/................| 128.1 128.2 128.2 2.0 0 .1 0 0 06-4 | Fats and oils, inedible 2/..........................| 124.8 133.9 134.5 -4.1 .4 1.5 6.2 .4 06-51 | Mixed fertilizers...................................| 111.6 110.6 111.0 4.4 .4 -1.1 .2 .1 06-52-01 | Nitrogenates........................................| 121.5 125.5 129.6 6.1 3.3 -.1 1.6 4.8 06-52-02 | Phosphates 2/.......................................| 107.6 113.8 116.6 17.0 2.5 1.7 2.8 2.5 06-53 | Other agricultural chemicals........................| 144.5 144.3 145.2 1.0 .6 -.8 .4 .3 06-6 | Plastic resins and materials 2/.....................| 144.8 137.1 133.9 -3.0 -2.3 -2.0 -2.4 -2.3 07-11-02 | Synthetic rubber 2/.................................| 129.0 127.6 126.5 9.5 -.9 -.6 -.5 -.9 07-21 | Plastic construction products 2/....................| 136.3 134.2 133.6 3.2 -.4 -.7 -.3 -.4 07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 136.0 135.6 134.6 2.3 -.7 0 -.8 -.7 07-26 | Plastic parts and components for manufacturing 2/...| 116.4 116.3 117.0 2.8 .6 0 0 .6 08-11 | Softwood lumber.....................................| 177.2 171.8 169.8 -10.1 -1.2 -.5 -5.7 -3.6 08-12 | Hardwood lumber 2/..................................| 165.9 164.1 163.2 -3.5 -.5 -.2 -.5 -.5 08-2 | Millwork............................................| 164.0 163.8 163.6 .2 -.1 0 -.1 -.4 08-3 | Plywood 2/..........................................| 171.1 161.4 157.0 -8.7 -2.7 -1.7 -5.4 -2.7 09-11 | Woodpulp 2/.........................................| 200.5 199.9 189.9 39.6 -5.0 0 .1 -5.0 09-13 | Paper 2/............................................| 164.8 166.5 165.5 20.5 -.6 .3 -.7 -.6 09-14 | Paperboard 2/.......................................| 190.6 185.9 182.1 16.2 -2.0 -.8 -1.4 -2.0 09-15-03 | Paper boxes and containers 2/.......................| 169.4 168.9 168.0 14.3 -.5 -.2 .1 -.5 09-2 | Building paper and board 2/.........................| 142.3 147.2 142.2 -4.9 -3.4 .5 -.4 -3.4 09-37 | Commercial printing (June 1982=100) 2/..............| 145.8 146.7 147.0 5.8 .2 0 .3 .2 10-15 | Foundry and forge shop products.....................| 129.9 130.5 130.5 4.2 0 .1 .3 0 10-17 | Steel mill products 2/..............................| 121.2 118.3 117.4 1.4 -.8 -.7 -.8 -.8 10-22 | Primary nonferrous metals 2/........................| 147.9 140.5 141.1 -1.7 .4 -3.0 -1.1 .4 10-25-01 | Aluminum mill shapes 2/.............................| 159.4 155.8 152.5 7.9 -2.1 -.9 -1.6 -2.1 10-25-02 | Copper and brass mill shapes 2/.....................| 197.1 195.7 199.3 2.6 1.8 -2.7 3.9 1.8 10-26 | Nonferrous wire and cable 2/........................| 153.2 151.3 151.3 1.1 0 -.4 .5 0 10-3 | Metal containers 2/.................................| 118.0 117.7 117.8 8.2 .1 .1 -.2 .1 10-4 | Hardware............................................| 141.6 141.9 142.2 2.6 .2 0 .1 .3 10-5 | Plumbing fixtures and brass fittings................| 166.7 166.7 166.8 3.5 .1 0 0 .4 10-6 | Heating equipment...................................| 148.1 148.4 148.0 3.3 -.3 .2 0 -.2 10-7 | Fabricated structural metal products................| 136.0 136.8 136.7 4.8 -.1 .1 0 .1 10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 126.0 125.4 125.6 1.5 .2 -.3 .2 .2 10-89 | Other misc. metal products 2/.......................| 125.4 125.4 125.4 1.5 0 .1 0 0 11-45 | Mechanical power transmission equipment.............| 148.0 148.4 149.5 5.8 .7 .1 .3 .7 11-48 | Air conditioning and refrigeration equipment........| 130.5 130.9 131.2 3.0 .2 .2 .2 .3 11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100)........| 146.6 147.2 147.6 3.7 .3 .1 .3 .3 11-49-05 | Ball and roller bearings 2/.........................| 152.5 154.1 154.0 4.1 -.1 .9 -.1 -.1 11-71 | Wiring devices......................................| 147.7 148.5 149.5 4.2 .7 .1 .1 .7 11-73 | Motors, generators, motor generator sets............| 144.3 145.1 145.6 3.5 .3 .4 .2 .2 11-75 | Switchgear, switchboard, etc., equipment............| 139.9 141.4 141.1 2.2 -.2 -.1 .7 -.2 11-78 | Electronic components and accessories 2/............| 112.9 113.2 113.0 -1.6 -.2 -.3 .2 -.2 11-94 | Internal combustion engines.........................| 136.2 136.2 136.5 1.9 .2 .3 -.1 .2 11-95 | Machine shop products 2/............................| 131.5 131.8 132.0 1.3 .2 .1 .2 .2 13-11 | Flat glass 2/.......................................| 112.4 112.1 112.0 -.2 -.1 -.2 -.2 -.1 13-22 | Cement..............................................| 129.7 129.5 129.2 5.8 -.2 0 .2 .3 13-3 | Concrete products...................................| 129.7 130.9 131.0 3.1 .1 .2 .4 0 13-6 | Asphalt felts and coatings..........................| 101.1 101.1 100.8 5.2 -.3 0 -.6 -.1 13-7 | Gypsum products 2/..................................| 153.5 151.4 150.9 1.0 -.3 0 -.8 -.3 13-8 | Glass containers 2/.................................| 131.0 131.1 131.2 2.3 .1 0 0 .1 14-12 | Motor vehicle parts.................................| 116.1 116.4 116.4 1.2 0 .3 .9 -.1 14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 133.6 133.9 133.8 1.7 -.1 -.1 -.7 .1 14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 134.4 135.2 134.8 -.2 -.3 .6 .7 -.3 15-42 | Photographic supplies 2/............................| 128.0 127.7 127.4 2.4 -.2 -.1 -.1 -.2 15-6 | Medical/surgical/personal aid devices...............| 141.1 141.9 142.2 1.5 .2 .7 -.1 .1 | | | CRUDE MATERIALS FOR FURTHER PROCESSING................| 100.5 103.6 104.6 4.1 1.0 .3 1.6 -.2 | | | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 104.8 113.9 114.7 12.9 .7 2.1 3.6 -.9 | | 01-21 | Wheat...............................................| 121.6 136.1 141.3 29.9 3.8 -.9 -.1 .7 01-22-02-05| Corn................................................| 109.9 126.1 133.7 49.4 6.0 8.9 1.4 -1.7 01-31 | Slaughter cattle....................................| 93.2 99.6 97.9 -5.2 -1.7 1.7 3.0 -3.2 01-32 | Slaughter hogs......................................| 81.9 66.1 74.0 40.4 12.0 -3.1 -9.1 8.0 01-41-02 | Slaughter broilers/fryers...........................| 145.8 152.3 135.6 21.8 -11.0 -3.4 17.8 -8.0 01-42 | Slaughter turkeys...................................| 127.8 151.8 128.8 .2 -15.2 -.1 5.7 -10.1 01-6 | Fluid milk..........................................| 92.3 98.7 101.4 8.4 2.7 1.2 3.2 3.2 01-83-01-31| Soybeans............................................| 99.1 114.0 120.1 26.7 5.4 9.0 2.2 1.5 02-52-01-01| Cane sugar,raw 2/...................................| 121.4 119.1 119.0 2.6 -.1 -1.6 -.2 -.1 | | | CRUDE NONFOOD MATERIALS..............................| 93.8 93.1 94.1 -1.9 1.1 -1.1 0 .5 | | 01-51-01-01| Raw cotton..........................................| 139.7 140.8 138.9 4.2 -1.3 .5 2.0 -7.2 01-92-01-01| Leaf tobacco........................................| 102.0 (3) 108.5 1.0 (3) (3) (3) (3) 04-11 | Cattle hides........................................| 207.1 176.6 177.4 -20.5 .5 -7.4 -5.1 -.6 05-1 | Coal 2/.............................................| 95.3 94.6 94.8 -.7 .2 2.7 -2.0 .2 05-31 | Natural gas (to pipelines) 2/.......................| 59.6 67.3 66.5 -9.5 -1.2 4.8 5.5 -1.2 05-61 | Crude petroleum 2/..................................| 49.1 48.9 52.0 10.4 6.3 -6.1 1.7 6.3 08-5 | Logs, timber, etc. 2/...............................| 216.0 211.6 212.7 -.8 .5 -.9 -1.1 .5 09-12 | Wastepaper 2/.......................................| 394.2 155.7 133.3 -55.9 -14.4 -32.1 -24.3 -14.4 10-11 | Iron ore 2/.........................................| 93.5 93.5 93.5 12.8 0 0 0 0 10-12 | Iron and steel scrap 2/.............................| 210.2 193.3 192.7 -4.6 -.3 -1.7 -4.4 -.3 10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 102.1 101.1 100.6 5.0 -.5 -2.8 3.3 -.5 10-23-01 | Copper base scrap 2/................................| 202.7 199.6 192.4 3.5 -3.6 -1.0 -.3 -3.6 10-23-02 | Aluminum base scrap.................................| 212.3 183.9 180.8 -20.9 -1.7 -1.0 -4.0 -3.3 13-21 | Construction sand, gravel, and crushed stone........| 143.0 143.3 143.5 3.5 .1 0 .4 .1 ____________________________________________________________________________________________________________________________________ 1/ The indexes for August 1995 have been recalculated 2/ Not seasonally adjusted. to incorporate late reports and corrections by respondents. 3/ Not available. All indexes are subject to revision four months after original publication. Table 3. Producer Price Indexes for selected commodity groupings (1982=100 unless otherwise indicated) _______________________________________________________________________________________________ | | | | | Unadjusted index 1/ | Commodity| |___________________________________| code | Grouping | Aug. 1995 | Nov. 1995 | Dec. 1995 | _________|________________________________________________|___________|___________|___________| | | | | | | Finished Goods (1967=100)......................| 359.6 | 360.8 | 362.0 | | All commodities................................| 125.1 | 125.3 | 125.5 | | | | | | | | | | | | MAJOR COMMODITY GROUPS | | | | | | | | | | Farm products and processed foods and feeds....| 120.0 | 125.0 | 125.6 | 01 | Farm products................................| 105.1 | 115.1 | 116.4 | 02 | Processed foods and feeds....................| 127.5 | 130.0 | 130.1 | | | | | | | Industrial commodities.........................| 126.0 | 125.3 | 125.5 | 03 | Textile products and apparel.................| 121.1 | 121.3 | 121.5 | 04 | Hides, skins, leather, and related products..| 153.2 | 149.2 | 149.4 | 05 | Fuels and related products and power 2/......| 78.3 | 75.9 | 77.2 | 06 | Chemicals and allied products 2/.............| 142.9 | 141.6 | 140.4 | 07 | Rubber and plastic products..................| 125.3 | 124.7 | 124.5 | 08 | Lumber and wood products.....................| 177.8 | 174.5 | 173.6 | 09 | Pulp, paper, and allied products.............| 175.6 | 175.1 | 174.5 | 10 | Metals and metal products....................| 135.5 | 133.7 | 133.3 | 11 | Machinery and equipment......................| 126.5 | 127.0 | 127.0 | 12 | Furniture and household durables.............| 128.4 | 128.9 | 128.9 | 13 | Nonmetallic mineral products.................| 129.4 | 129.7 | 129.7 | 14 | Transportation equipment.....................| 138.9 | 141.5 | 141.5 | 15 | Miscellaneous products.......................| 146.6 | 145.5 | 146.8 | | | | | | | Industrial commodities less fuels and related | | | | | products and power...........................| 139.6 | 139.5 | 139.3 | | | | | | | | | | | | OTHER COMMODITY GROUPINGS | | | | | | | | | 01-1 | Fruits and melons, fresh and dry vegetables, | | | | | and tree nuts................................| 96.9 | 113.4 | 115.3 | 01-2 | Grains.........................................| 114.0 | 131.1 | 137.6 | 01-3 | Slaughter livestock............................| 90.8 | 91.9 | 92.3 | 01-4 | Slaughter poultry..............................| 139.7 | 150.3 | 132.5 | 01-5 | Plant and animal fibers........................| 139.2 | 139.9 | 137.9 | 01-7 | Chicken eggs...................................| 99.2 | 136.9 | 138.8 | 01-8 | Hay, hayseeds, and oilseeds....................| 114.2 | 132.0 | 138.0 | 01-83 | Oilseeds.......................................| 108.9 | 124.9 | 131.5 | 01-9 | Other farm products............................| 152.1 | 'N.A.' | 161.7 | 02-1 | Cereal and bakery products.....................| 156.0 | 158.9 | 159.3 | 02-2 | Meats, poultry, and fish.......................| 112.8 | 113.6 | 112.2 | 02-22 | Processed poultry..............................| 117.8 | 119.5 | 118.5 | 02-5 | Sugar and confectionery........................| 134.3 | 135.1 | 136.2 | 02-6 | Beverages and beverage materials...............| 134.4 | 134.1 | 134.2 | 02-63 | Packaged beverage materials....................| 143.9 | 138.6 | 137.9 | 02-7 | Fats and oils..................................| 138.6 | 136.6 | 134.4 | 03-81 | Apparel........................................| 124.2 | 124.1 | 124.3 | 04-4 | Other leather and related products.............| 139.1 | 139.7 | 139.9 | 05-3 | Gas fuels 2/...................................| 59.2 | 65.5 | 65.5 | 05-4 | Electric power.................................| 137.0 | 128.1 | 127.9 | 05-7 | Refined petroleum products.....................| 60.9 | 57.4 | 59.8 | 06-3 | Drugs and pharmaceuticals......................| 210.9 | 212.7 | 213.2 | 06-5 | Agricultural chemicals and products............| 127.9 | 130.6 | 132.7 | 06-7 | Other chemicals and allied products............| 130.3 | 131.7 | 131.4 | 07-1 | Rubber and rubber products.....................| 118.3 | 118.2 | 117.5 | 07-11 | Rubber, except natural rubber..................| 128.2 | 126.8 | 125.8 | 07-13 | Miscellaneous rubber products..................| 134.4 | 134.7 | 134.8 | 07-2 | Plastic products...............................| 132.0 | 131.1 | 131.0 | 08-1 | Lumber.........................................| 172.2 | 167.7 | 166.0 | 09-1 | Pulp, paper, and products, excluding building | | | | | paper and board..............................| 169.2 | 165.5 | 164.0 | 09-15 | Converted paper and paperboard products........| 161.2 | 161.5 | 161.5 | 10-1 | Iron and steel.................................| 130.4 | 127.1 | 126.4 | 10-2 | Nonferrous metals..............................| 150.8 | 146.2 | 145.4 | 10-25 | Nonferrous mill shapes.........................| 155.6 | 153.3 | 152.0 | 11-3 | Metalworking machinery and equipment...........| 140.5 | 141.1 | 141.0 | 11-4 | General purpose machinery and equipment........| 139.5 | 140.4 | 140.7 | 11-6 | Special industry machinery.....................| 150.3 | 151.0 | 151.1 | 11-7 | Electrical machinery and equipment.............| 124.0 | 124.5 | 124.4 | 11-9 | Miscellaneous machinery and equipment..........| 127.2 | 127.6 | 127.7 | 12-6 | Other household durable goods..................| 145.1 | 145.6 | 145.7 | 13-2 | Concrete ingredients...........................| 135.7 | 135.8 | 135.8 | 14-1 | Motor vehicles and equipment...................| 131.9 | 135.5 | 135.4 | 15-1 | Toys, sporting goods, small arms, etc..........| 129.3 | 129.6 | 129.6 | 15-4 | Photographic equipment and supplies............| 120.0 | 117.1 | 117.9 | 15-9 | Other miscellaneous products...................| 132.6 | 132.7 | 132.3 | __________________________________________________________|___________|___________|___________| 1/ Data for Aug. 1995 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 2/ Prices of some items in this grouping are lagged 1 month. Table #4 Producer price indexes for the net output of major industry groups, not seasonally adjusted ____________________________________________________________________________________________________________________ | | | Index | Percent change Industry | Industry 1/ |Index|_______________________|to_Dec._1995_from:__ code | |base | | | | | | | |Aug. |Nov. |Dec. | Dec. | Nov. | | |1995 2/|1995 2/|1995 2/| 1994 | 1995 __________________|______________________________________________|_____|_______|_______|_______|________|___________ | | | |Total mining industries...................... |12/84| 67.6 70.5 71.4 -0.8 1.3 10 | Metal mining................................ |12/84| 101.2 100.0 99.8 5.9 -.2 12 | Coal mining................................. |12/85| 91.8 91.3 91.5 -.5 .2 13 | Oil and gas extraction...................... |12/85| 61.8 66.1 67.2 -2.0 1.7 14 | Mining and quarrying of non-metallic | | | minerals, except fuels..................... |12/84| 124.2 124.2 124.3 2.8 .1 | | | |Total manufacturing industries............... |12/84| 124.4 125.0 125.3 3.0 .2 20 | Food and kindred products................... |12/84| 122.0 123.9 124.1 3.9 .2 21 | Tobacco manufactures........................ |12/84| 195.0 195.0 195.0 3.8 0 22 | Textile mill products....................... |12/84| 116.9 117.0 117.2 2.5 .2 23 | Apparel and other finished products made | | | from fabrics and similar materials......... |12/84| 120.6 121.1 121.1 1.1 0 24 | Lumber and wood products, except furniture.. |12/84| 154.2 152.3 151.4 -2.6 -.6 25 | Furniture and fixtures...................... |12/84| 133.9 134.8 135.1 3.1 .2 26 | Paper and allied products................... |12/84| 150.9 150.9 150.2 13.1 -.5 27 | Printing, publishing, and allied industries. |12/84| 160.1 162.2 162.8 6.8 .4 28 | Chemicals and allied products............... |12/84| 144.3 144.0 143.8 5.7 -.1 29 | Petroleum refining and related products..... |12/84| 77.5 73.0 75.4 2.6 3.3 30 | Rubber and miscellaneous plastic products... |12/84| 124.2 123.6 123.4 2.7 -.2 31 | Leather and leather products................ |12/84| 134.2 134.1 134.3 1.4 .1 32 | Stone, clay, glass, and concrete products... |12/84| 124.6 124.9 124.9 2.7 0 33 | Primary metal industries.................... |12/84| 128.8 127.1 126.8 3.2 -.2 34 | Fabricated metal products, except machinery | | | and transportation equipment............... |12/84| 125.5 125.8 125.9 3.4 .1 35 | Machinery, except electrical................ |12/84| 119.1 119.4 119.5 1.4 .1 36 | Electrical and electronic machinery, | | | equipment, and supplies.................... |12/84| 113.1 113.4 113.3 .5 -.1 37 | Transportation equipment.................... |12/84| 131.3 134.4 134.4 2.1 0 38 | Measuring and controlling instruments; | | | photographic, medical, optical goods; | | | watches, clocks............................ |12/84| 124.2 124.2 124.4 1.5 .2 39 | Miscellaneous manufacturing industries...... |12/85| 126.1 126.4 126.4 1.9 0 | | | |Services industries | | 42 | Motor freight transportation and warehousing |06/93| 104.8 104.9 104.8 1.8 -.1 43 | United States Postal Service................ |06/89| 132.3 132.3 132.3 10.4 0 44 | Water transportation........................ |12/92| 103.3 103.6 103.8 2.2 .2 45 | Transportation by air....................... |12/92| 115.8 118.0 117.7 9.1 -.3 46 | Pipe lines, except natural gas.............. |12/86| 110.7 110.6 110.6 3.4 0 80 | Health services............................. |12/94| 102.6 103.4 103.5 3.5 .1 | | | __________________|______________________________________________|_____|____________________________________________ 1/ Indexes in this table are derived from the net-output-weighted industry price indexes shown in table 5. Because of differences in coverage and aggregation methodology, they will generally not match the movements of similarly-titled indexes which are derived from traditional commodity groupings shown in table 6. 2/ The indexes for Aug. 1995 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision four months after original publication. 3/ Not available.