PPI up in March 2005
April 20, 2005
The Producer Price Index for Finished Goods advanced 0.7 percent in March, seasonally adjusted. This increase followed a 0.4-percent rise in February and a 0.3-percent gain in January.
As they did in February, prices for finished goods other than foods and energy edged up 0.1 percent in March.
The faster rate of increase for the finished goods index was primarily due to energy prices, which advanced 3.3 percent in March after rising 1.4 percent in February, though an upturn in capital equipment prices also contributed to the acceleration in finished goods prices. By contrast, price increases for consumer foods slowed to 0.3 percent in March from 0.8 percent in February.
From March 2004 to March 2005, prices for finished goods increased 4.9 percent, as shown in the chart. Among finished goods, the index for energy goods advanced 15.3 percent, prices for consumer foods climbed 3.6 percent, and the index for goods other than foods and energy moved up 2.6 percent.
These data are from the BLS Producer Price Index program. For more information, see "Producer Price Indexes -- March 2005" (PDF) (TXT), news release USDL 05-686. 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, PPI up in March 2005 on the Internet at https://www.bls.gov/opub/ted/2005/apr/wk3/art03.htm (visited April 25, 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.