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Producer prices in December 2012

January 16, 2013

The Producer Price Index for finished goods declined 0.2 percent in December, seasonally adjusted. Prices for finished goods fell 0.8 percent in November and 0.2 percent in October.

Chart Image
Chart Data

1-month percent change in the Producer Price Index for finished energy, foods, and finished goods, seasonally adjusted, December 2011–December 2012
Month	Energy	Foods	Total
Dec 2011	-0.3	-0.7	-0.1
Jan 2012	-0.2	-0.1	0.3
Feb 2012	1.8	-0.2	0.4
Mar 2012	-1.2	0.1	-0.2
Apr 2012	-1.4	-0.1	-0.3
May 2012	-4.4	-0.4	-1.0
Jun 2012	-0.6	0.6	0.2
Jul 2012	-0.5	0.4	0.3
Aug 2012	6.3	0.9	1.6
Sep 2012	4.9	0.3	1.2
Oct 2012	-0.5	0.4	-0.2
Nov 2012	-4.6	1.3	-0.8
Dec 2012	-0.3	-0.9	-0.2

Prices for finished consumer foods fell 0.9 percent in December, the first decrease in this index since a 0.4-percent decline in May 2012. Over one-third of the December decrease can be traced to the index for beef and veal, which moved down 4.8 percent.

The index for finished energy goods moved down 0.3 percent in December, the third straight decrease. Leading the December decline, gasoline prices fell 1.7 percent.

These data are from the Producer Price Index program. To learn more, see “Producer Price Indexes — December 2012” (HTML) (PDF), news release USDL-13-0056. All producer prices are routinely subject to review once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices in December 2012 at https://www.bls.gov/opub/ted/2013/ted_20130116.htm (visited October 04, 2024).

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