Producer prices fall in June
July 16, 2001
The Producer Price Index for Finished Goods declined 0.4 percent in June, seasonally adjusted. This decrease followed increases of 0.1 percent in May and 0.3 percent in April.
A 2.5-percent decrease in June's finished energy goods index followed a 0.2-percent increase in May. Prices for finished consumer foods posted a 0.1-percent gain, compared with a 0.4-percent decrease in May. Prices for finished goods, excluding foods and energy, increased 0.1 percent in June, after registering a 0.2-percent gain in May.
During the first 6 months of 2001, the finished goods price index advanced at a 2.4-percent seasonally adjusted annual rate (SAAR), after rising at a 2.5-percent rate during the latter half of 2000. In the first half of this year, the rate of increase in finished energy goods prices slowed to a 1.4-percent SAAR from a 9.2-percent rate of increase during the final 6 months of last year. Offsetting this deceleration, the index for finished consumer foods advanced at a 5.6-percent SAAR from December 2000 to June 2001, compared with a 0.7-percent rate of increase during the previous 6 months.
From June 2000 to June 2001, prices for finished goods gained 2.5 percent.
These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, June 2001", news release USDL 01-216. 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 fall in June on the Internet at https://www.bls.gov/opub/ted/2001/july/wk3/art01.htm (visited September 27, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.