Producer prices advance in April
May 14, 2004
The Producer Price Index for Finished Goods advanced 0.7 percent in April, seasonally adjusted. This increase followed a 0.5-percent rise in March and a 0.1-percent gain in February.
The acceleration in finished goods prices can be traced to the index for finished energy goods, which jumped 1.6 percent in April following a 0.6-percent rise in the preceding month. By contrast, capital equipment prices showed no change in April, following a 0.3-percent increase in the prior month.
The index for finished consumer foods advanced 1.4 percent, compared with a 1.5-percent gain in March. Prices for finished consumer goods other than foods and energy advanced 0.3 percent for the second consecutive month.
From April 2003 to April 2004, prices for finished goods advanced 3.7 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. For more information, see "Producer Price Indexes -- April 2004" (PDF) (TXT), news release USDL 04-874. 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 advance in April on the Internet at https://www.bls.gov/opub/ted/2004/may/wk2/art05.htm (visited April 29, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.