Producer prices for finished goods up 3.0 percent in 1999
January 14, 2000
From December 1998 to December 1999, finished goods prices advanced 3.0 percent, after showing no change during 1998.
Leading this acceleration, the index for finished energy goods surged 18.4 percent in 1999, following an 11.7-percent drop in the previous calendar year. For the 12 months ended December 1999, gasoline prices increased 76.4 percent, the largest 12-month rate of increase since a 78.0-percent gain in May 1980.
Prices for finished consumer foods increased 0.9 percent during 1999, after edging up 0.1 percent during the 12 months ended December 1998. The index for finished goods other than foods and energy also rose 0.9 percent in 1999, following a 2.5-percent gain in 1998.
These data are a product of the BLS Producer Price Index program. Find out more in Producer Price Indexes, December 1999, news release USDL 00-11. 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 prices for finished goods up 3.0 percent in 1999 on the Internet at https://www.bls.gov/opub/ted/2000/jan/wk2/art05.htm (visited July 27, 2017).
Recent editions of Spotlight on Statistics
Women in the workforce before, during, and after the Great Recession
A look at trends and projections in the labor force participation of women from the 1950s to 2024.
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.
Sports and Exercise
A look at participation and time spent in sports and exercise activities.
Women at Work
A look at women's labor force participation and earnings, how women spend their time and money, the nature of fatal work injuries, and labor force projections for the future.