PPI in May 2008
June 18, 2008
The Producer Price Index for Finished Goods increased 1.4 percent in May, seasonally adjusted. This rise followed a 0.2-percent advance in April and a 1.1-percent increase in March.
The index for finished energy goods turned up 4.9 percent in May after decreasing 0.2 percent in the preceding month. The index for gasoline rose 9.3 percent following a 4.6-percent decrease in April.
The index for finished consumer foods rose 0.8 percent in May following no change in the prior month.
The rise in the index for finished goods less foods and energy slowed to 0.2 percent in May from 0.4 percent in the prior month.
From May 2007 to May 2008, prices for finished goods rose 7.2 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes May 2008," (PDF) (HTML) news release USDL 08-0830. 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 in May 2008 on the Internet at https://www.bls.gov/opub/ted/2008/jun/wk3/art03.htm (visited July 25, 2017).
Recent editions of Spotlight on Statistics
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.
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.