FOR DATA ONLY: (202) 691-5200 USDL 05-1561 FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN (202) 691-7705 THIS RELEASE IS EMBARGOED MEDIA CONTACT: (202) 691-5902 UNTIL 8:30 A.M. (EDT), WEDNESDAY, http://www.bls.gov/ppi AUGUST 17, 2005 Producer Price Indexes -- July 2005 The Producer Price Index for Finished Goods advanced 1.0 percent in July, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed no change in June and a 0.6-percent decline in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods increased 1.0 percent, compared with a 0.1-percent gain in June, while the crude goods index turned up 6.7 percent, after falling 3.3 percent in the prior month. (See table A.) Table A. Monthly and annual percent changes in selected stage-of-processing price indexes, seasonally adjusted ______________________________________________________________________________________ | | | | | | | Finished goods | | | | | | | | | |---------------------------------------------------------| | | | | | | | | Change in | | | | | | | | Except |finished goods| Inter- | | | | | | |foods and|from 12 months| mediate | Crude | | Month | Total | Foods | Energy | energy | ago(unadj.) | goods | goods | |--------------------------------------------------------------------------------------| 2004 July 0.1 -1.5 2.5 -0.1 3.8 0.6 0.1 Aug. .1 -.2 .3 .3 3.3 1.0 -.3 Sept. .3 .5 -.2 .3 3.3 .3 -4.5 Oct. 1.5 1.5 5.7 .3 4.5 1.0 4.3 Nov. .7 .3 2.7 .3 5.0 .8 7.6 Dec. -.3 .2 -2.4 .2 4.2 .1 -3.1 2005 Jan. .1 -.5 -1.0 .7 4.1 .3 -2.0 Feb. .4 .6 1.8 -.1 4.7 .6 -1.0 Mar. r .8 .6 r 3.3 .2 r 5.0 1.0 r 4.7 Apr. r .5 r -.1 r 1.8 .3 4.8 .8 r 2.1 May -.6 -.3 -3.5 .1 3.5 -.7 -2.0 June 0 -1.1 2.0 -.1 3.6 .1 -3.3 July 1.0 -.3 4.4 .4 4.6 1.0 6.7 r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for March 2005 have been revised to reflect the availability of late reports and corrections by respondents. -2- The July increase in finished goods prices was led by the index for finished energy goods, which climbed 4.4 percent following a 2.0-percent rise in June. Prices for finished goods other than foods and energy moved up 0.4 percent in July, after decreasing 0.1 percent a month earlier. The index for finished consumer foods fell 0.3 percent in July, following a 1.1- percent drop in the previous month. Before seasonal adjustment, the Producer Price Index for Finished Goods rose 0.9 percent in July to 155.4 (1982=100). From July 2004 to July 2005, the finished goods index increased 4.6 percent. Over the same period, prices for finished energy goods advanced 15.2 percent, the index for finished goods other than foods and energy increased 2.8 percent, and prices for finished consumer foods rose 1.4 percent. The index for intermediate goods climbed 6.5 percent, and prices received by crude goods producers rose 8.4 percent for the 12-month period ended July 2005. Finished goods The finished energy goods index increased 4.4 percent in July, compared with a 2.0-percent gain in June. Leading this acceleration, residential natural gas prices advanced 3.7 percent, following a 3.2- percent decrease in the previous month. The index for residential electric power also turned up, after declining in June. Prices for gasoline and liquefied petroleum gas rose more than they had in the prior month. Conversely, the index for home heating oil increased 5.1 percent in July, following a 13.5-percent advance a month earlier. Diesel fuel prices also rose less than they had in the prior month. (See table 2.) Table B. Monthly and annual percent changes in selected price indexes for intermediate goods and crude goods, seasonally adjusted __________________________________________________________________________________ | | | | | | Intermediate goods | Crude goods | | | | | | |---------------------------------------------------------------------------| | | | | |Change in | | | | Change | | | | | | interme- | | | |in crude | | | | | | diate | | | | goods | | | | | |goods from| | | | from 12 | | | | | Except |12 months | | | Except | months | | | | |foods and| ago | | Energy |foods and| ago | |Month | Foods | Energy | energy | (unadj.) | Foods | (unadj.)| energy |(unadj.) | |----------------------------------------------------------------------------------| 2004 July -1.8 1.8 0.5 7.3 -3.8 -1.2 10.9 22.5 Aug. -4.1 2.3 1.0 8.0 -5.0 2.2 2.5 23.5 Sept. -1.1 -1.1 .8 8.4 -1.4 -8.4 -1.3 14.6 Oct. -1.8 4.2 .5 9.2 -1.5 9.1 4.3 16.3 Nov. -.5 2.8 .3 9.9 1.1 14.6 3.1 25.2 Dec. .4 -1.4 .4 9.2 2.2 -7.5 -1.4 17.4 2005 Jan. .8 -1.7 .7 8.7 2.1 -4.6 -2.5 10.3 Feb. -.4 1.2 .5 8.4 -3.1 1.5 -2.9 8.3 Mar. r 1.0 r 3.7 .3 8.7 4.6 r 7.0 r -.3 r 11.4 Apr. .4 r 3.2 .2 8.2 r-2.4 r 5.5 r 1.6 11.8 May .4 -2.6 -.3 6.3 -1.0 -1.9 -3.6 6.1 June -.8 1.9 -.2 6.2 -3.1 -3.1 -4.3 1.7 July .9 5.2 -.1 6.5 0 12.8 3.1 8.4 r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for March 2005 have been revised to reflect the availability of late reports and corrections by respondents. -3- The index for capital equipment advanced 0.5 percent, subsequent to a 0.2-percent decline in June. Light motor truck prices rose 1.4 percent in July, after falling 1.7 percent in the previous month. The indexes for passenger cars, civilian aircraft, and construction machinery and equipment also turned up, following decreases in June. Commercial furniture prices increased, after showing no change in the preceding month. Alternatively, the index for railroad equipment fell 0.6 percent in July, following a 2.0- percent gain a month earlier. Prices for metal cutting machine tools, agricultural machinery and equipment, and welding machines and equipment also turned down, after rising in June. The electronic computers index decreased more than it had in the prior month. Prices for finished consumer goods other than foods and energy advanced 0.4 percent in July, after edging down 0.1 percent in June. The index for passenger cars rose 1.5 percent, following a 1.0-percent decline in the prior month. Prices for light motor trucks and periodical circulation also turned up in July, after falling a month earlier. The index for pharmaceutical preparations rose more quickly than it had in June, and household furniture prices increased, following no change in the previous month. By contrast, the index for cosmetics and other toilet preparations declined 0.4 percent in July, after increasing at the same rate in June. Prices for newspaper circulation and household appliances also turned down, following increases in the prior month. The book publishing index rose less than it had in June. The rate of decrease in the finished consumer foods index slowed from 1.1 percent in June to 0.3 percent in July. Beef and veal prices declined 1.9 percent, after dropping 8.0 percent in the previous month. The indexes for dairy products, eggs for fresh use, finfish and shellfish, and processed young chickens turned up in July, after decreasing a month earlier. Pork prices fell less than they had in June. Alternatively, the index for fresh and dry vegetables dropped 16.1 percent, after rising 7.4 percent in June. Prices for soft drinks and for processed fruits and vegetables also turned down in July, following increases in the prior month. The index for confectionery end products remained unchanged, after moving up a month earlier. Intermediate goods The index for Intermediate Materials, Supplies, and Components advanced 1.0 percent in July, after inching up 0.1 percent in June. Accounting for most of this acceleration, prices for intermediate energy goods advanced at faster rates than in June. The indexes for materials for nondurable manufacturing and for intermediate foods and feeds turned up in July. By contrast, prices for materials and components for construction turned down after increasing in June, and the index for materials for durable manufacturing fell at a faster pace in July than it had in the preceding month. The index for intermediate goods other than foods and energy edged down 0.1 percent, after declining 0.2 percent in June. (See table B.) Prices for intermediate energy goods climbed 5.2 percent in July, after rising 1.9 percent in the prior month. Industrial natural gas prices rose 7.4 percent, following a 5.1-percent decline in June. The indexes for commercial natural gas, natural gas to electric utilities, commercial electric power, and residual fuel also turned up in July. Gasoline and jet fuel prices increased at faster rates than they had in June. By contrast, the diesel fuel index edged up 0.2 percent in July, after gaining 12.7 percent in June. Price increases also moderated in July for home heating oil, industrial electric power, and kerosene. (See table 2.) -4- The materials for nondurable manufacturing index inched up 0.1 percent in July, following a 0.4-percent decline in the preceding month. Prices for intermediate basic organic chemicals increased 0.4 percent, after decreasing 11.8 percent in June. The indexes for inedible fats and oils, paint materials, and gray fabrics also turned up in July. Prices for paperboard and for plastic resins and materials decreased less than they had a month earlier, while prices for basic inorganic chemicals increased more than in June. By contrast, the index for primary basic organic chemicals fell 2.3 percent in July, after showing no change in June. Prices for paper and nitrogenates rose less than they had a month earlier. The indexes for synthetic rubber and synthetic fibers turned down in July. The intermediate foods and feeds index moved up 0.9 percent in July, following a 0.8-percent decline in the previous month. Prices for dairy products rose 2.9 percent, following a 1.0-percent decrease in June. The index for processed young chickens also turned up in July, after falling in the prior month. Prices for beef and veal and for pork fell at slower rates in July than they had in June. By contrast, the index for refined sugar and byproducts decreased 0.6 percent in July, following a 2.1-percent rise in the preceding month. Similarly, the indexes for flour, for confectionary materials, and for shortening and cooking oils turned down in July. Prices for materials and components for construction decreased 0.2 percent in July, after increasing 0.3 percent in June. The index for softwood lumber fell 3.2 percent, after advancing 3.9 percent in the prior month. Prices for plywood, building paper and board, treated wood, fabricated structural metal products, and wiring devices also turned down in July. The indexes for steel mill products and mineral wool for structural insulation fell more than they had in the preceding month. Conversely, prices for concrete products moved up 1.9 percent in July, after inching down 0.1 percent in June. The indexes for millwork, plumbing fixtures and brass fittings, paving mixtures and blocks, and fabricated ferrous wire products also turned up, after declining in the preceding month. Prices for plastic construction products decreased less than they had in the prior month, while the indexes for cement and for nonferrous wire and cable increased more than they had in June. Prices for materials for durable manufacturing decreased 0.9 percent in July, following a 0.5-percent decline in the prior month. The building paper and board index moved down 8.0 percent, after rising 7.3 percent in June. Prices for cold rolled steel sheet and strip, plywood, semifinished steel mill products, and unprocessed filament yarns also turned down in July. The indexes for hot rolled steel bars, plates, and structural shapes and for cold finished steel bars decreased more than they had in the previous month. Conversely, prices for aluminum mill shapes fell 0.5 percent, after declining 1.6 percent in June. The index for hot rolled steel sheet and strip also fell at a slower rate in July than it had a month earlier. Prices for metal powders, pastes, and flakes turned up after falling in the previous month, and the index for cement increased more than it had in June. Crude goods The Producer Price Index for Crude Materials for Further Processing advanced 6.7 percent in July, after declining 3.3 percent in June. Prices for crude energy materials and basic industrial materials turned up in July, following decreases in the preceding month, while the index for crude foodstuffs and feedstuffs showed no change, after falling in June. (See table B.) Prices for crude energy materials climbed 12.8 percent in July, following a 3.1-percent decline in June. Leading this upturn, the natural gas index surged 14.9 percent, following an 8.9-percent drop in the previous month. The crude petroleum index increased at a faster rate in July than in June, 13.1 percent compared with 5.5 percent. The coal index moved up 0.3 percent, after falling 1.1 percent a month earlier. (See table 2.) -5- The index for crude nonfood materials less energy advanced 3.1 percent in July, following a 4.3-percent decline in June. Most of this reversal was attributable to prices for iron and steel scrap, which increased 2.7 percent in July following a 19.9-percent drop in the prior month. The indexes for aluminum base scrap, raw cotton, and softwood logs, bolts, and timber also moved up, after decreasing in June. Prices for nonferrous metal ores and copper base scrap rose more in July than they had in the preceding month, while the wastepaper index fell less than it had in June. By contrast, the index for hides and skins moved down 0.2 percent in July, following a 3.4-percent advance in the previous month. Pulpwood prices also turned down, after increasing a month earlier. The indexes for both construction sand, gravel, and crushed stone and for hardwood logs, bolts, and timber went up less in July than in June. Prices for crude foodstuffs and feedstuffs were unchanged in July, following a 3.1-percent decline in June. The slaughter hogs index rose 3.3 percent in July, after falling 13.0 percent in the prior month. Prices for fluid milk and unprocessed finfish also turned up, following decreases in June. The slaughter cattle index declined less in July than it had a month earlier, while prices for corn and slaughter turkeys increased more than in June. Alternatively, the index for fresh vegetables (except potatoes) dropped 20.6 percent in July, compared with a 12.1-percent jump in the preceding month. Prices for slaughter broilers and fryers also moved down, after advancing in June. The soybean index rose at a slower rate in July than a month earlier. Net output price indexes for mining, manufacturing, and services industries Mining. The Producer Price Index for the Net Output of Total Mining Industries increased 10.4 percent in July, after declining 1.8 percent in the preceding month. (Net output price indexes are not seasonally adjusted.) Accounting for the majority of this upturn, prices received by the crude petroleum and natural gas industry rose 13.3 percent, following a 2.4-percent decrease in June. The industry indexes for natural gas liquid extraction and phosphate rock mining also turned up in July, after falling in the prior month. Prices paid to the industries for copper ore and nickel ore mining, oil and gas well drilling, and bituminous coal underground mining advanced at quicker rates than they had in the previous month. By contrast, prices received by the industry for oil and gas operations support activities moved down 0.4 percent, compared with a 4.0- percent rise a month earlier. The industry indexes for support activities for coal mining and for crushed and broken granite mining and quarrying also turned down in July, while prices received by the crushed and broken limestone quarrying and mining industry increased less than they had in June. In July, the Producer Price Index for Total Mining Industries was 194.1 (December 1984=100), 24.7 percent above its year-ago level. Manufacturing. The Producer Price Index for the Net Output of Total Manufacturing Industries climbed 0.9 percent in July, after edging up 0.1 percent in the prior month. Leading this acceleration, prices received by the petroleum and coal products manufacturing industry group advanced 8.4 percent, following a 3.2-percent gain in June. The industry group indexes for nonmetallic mineral products and for furniture and related products also rose more than they had in the preceding month. Prices received by the industries for transportation equipment and food manufacturing turned up in July, and the industry group index for chemical manufacturing fell less than it had in June. Alternatively, prices received by the wood products manufacturing industry group turned down 1.1 percent, following a 1.8-percent increase in the previous month. The industry group index for beverage and tobacco product manufacturing also decreased in July, after rising a month earlier. Prices received by the industries for printing and related support activities and for fabricated metal products advanced at slower rates than they had in June, while the industry group index for paper manufacturing declined in July, after showing no change in the preceding month. In July, the Producer Price Index for Total Manufacturing Industries was 150.8 (December 1984=100), 5.3 percent above its year-ago level. -6- Services. Among services industries in July, prices received by commercial bankers fell 1.0 percent, after rising 5.2 percent in the previous month. The industry indexes for offices of lawyers, television broadcasting, investment banking and securities dealing, and nonresidential property managers also turned down, following increases in June. Prices received by the industries for scheduled passenger air transportation and for hotels and motels (excluding casinos) rose less than they had in the prior month. By contrast, the industry index for savings institutions turned up 4.4 percent, after falling 1.3 percent in June. Prices received by casino hotels also rose, after declining in the prior month. The industry indexes for general medical and surgical hospitals and for newspaper publishers advanced at faster rates than they had in June. The industry index for cellular and other wireless carriers decreased less in July than it had in the previous month, and prices received by wired telecommunications carriers and direct life insurance carriers increased, after remaining unchanged in June. ***** Producer Price Index data for August 2005 are scheduled to be released on Tuesday, September 13, 2005, at 8:30 a.m. (EDT). -7- Resampling of Industries Effective with this release, the Producer Price Index (PPI) includes data for 47 resampled and 8 newly introduced industries classified according to the North American Industry Classification System (NAICS). The Bureau of Labor Statistics periodically updates the sample of producers providing data for the PPI to reflect current conditions more accurately when the structure, membership, technology, or product mix of an industry shifts. The first results of this systematic process were published in July 1986. Subsequent efforts have been completed at 6-month intervals. For information on specific index additions, deletions, and recodes that are effective with this semiannual update, see the July 2005 issue of the PPI Detailed Report or contact the Division of Industrial Prices and Price Indexes, Section of Index Analysis and Public Information at ppi- info@bls.gov or (202) 691-7705. NAICS Code Industry 212210 Iron ore mining 212311 Dimension stone mining and quarrying 212312 Crushed and broken limestone mining and quarrying 212313 Crushed and broken granite mining and quarrying 236221 New warehouse building construction* 311111 Dog and cat food 311411 Frozen fruit, juice, and vegetable manufacturing 311412 Frozen specialty food manufacturing 311511 Fluid milk manufacturing 311821 Cookie and cracker manufacturing 312210 Tobacco stemming and redrying 314110 Carpet and rug mills 314121 Curtain and drapery mills 314129 Other household textile product mills 315191 Outerwear knitting mills 315232 Women's and girls' blouse and shirt manufacturing 322213 Setup paperboard boxes 322233 Stationery, tablet, and related product manufacturing 323117 Book printing 323121 Tradebinding and related work 325181 Alkalies and chlorine 325211 Plastics material and resins manufacturing 325222 Manufactured noncellulosic fibers 325510 Paint and coating manufacturing 325910 Printing ink manufacturing 325920 Explosives manufacturing 327310 Cement manufacturing 331419 Primary nonferrous metal, excluding copper and aluminum 332611 Spring (heavy gauge) manufacturing 332991 Ball and roller bearings 332993 Ammunition (except small arms) manufacturing 332998 Enameled iron and metal sanitary ware manufacturing 333294 Food products machinery manufacturing 333613 Mechanical power transmission equipment manufacturing 333912 Air and gas compressor manufacturing 333913 Measuring and dispensing pumps manufacturing 333921 Elevator and moving stairway manufacturing 334411 Electron tube manufacturing 334413 Semiconductor and related device manufacturing -8- Resampling of Industries-Continued 334513 Industrial process control manufacturing 335313 Switchgear and switchboard apparatus manufacturing 336212 Truck trailer manufacturing 336311 Carburetor, piston, piston ring, and valve manufacturing 337110 Wood kitchen cabinet and countertop manufacturing 337121 Upholstered household furniture manufacturing 339112 Surgical and medical instrument manufacturing 339941 Pen and mechanical pencil manufacturing 423000 Merchant wholesalers, durable goods* 424000 Merchant wholesalers, nondurable goods* 425120 Wholesale trade agents and brokers* 482111 Line-haul railroads 518111 Internet service providers* 518112 Web search portals* 561612 Security guards and patrol services* 713940 Fitness and recreational sports centers* * For further discussion of these newly introduced PPIs, see the July 2005 issue of the PPI Detailed Report, or call the Section of Index Analysis and Public Information at (202) 691-7705. Technical Note Brief Explanation of Producer Prices Indexes The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser's perspective. Sellers' and purchasers' prices can differ due to government subsidies, sales and excise taxes, and distribution costs. More than 8,000 PPIs for individual products and groups of products are released each month. PPIs are available for the products of virtually every industry in the mining and manufacturing sectors of the U.S. economy. New PPIs are gradually being introduced for the products of industries in the trade, finance, and services sectors of the economy. More than 100,000 price quotations per month are organized into three sets of PPIs: (1) Stage-of-processing indexes; (2) commodity indexes; and (3) indexes for the net output of industries and their products. The stage- of-processing structure organizes products by class of buyer and degree of fabrication. The commodity structure organizes products by similarity of end use or material composition. The entire output of various industries is sampled to derive price indexes for the net output of industries and their products. Stage-of-Processing Indexes Within the stage-of-processing system, finished goods are commodities that will not undergo further processing and are ready for sale to the final-demand user, either an individual consumer or business firm. Consumer foods include unprocessed foods such as eggs and fresh vegetables, as well as processed foods such as bakery products and meats. Other finished consumer goods include durable goods such as automobiles, household furniture, and appliances, as well as nondurable goods such as apparel and home heating oil. Capital equipment includes producer durable goods such as heavy motor trucks, tractors, and machine tools. The stage-of-processing category for intermediate materials, supplies, and components consists partly of commodities that have been processed but require further processing. Examples of such semifinished goods include flour, cotton yarn, steel mill products, and lumber. The intermediate goods category also encompasses nondurable, physically complete items purchased by business firms as inputs for their operations. Examples include diesel fuel, belts and belting, paper boxes, and fertilizers. Crude materials for further processing are products entering the market for the first time that have not been manufactured or fabricated and that are not sold directly to consumers. Crude foodstuffs and feedstuffs include items such as grains and livestock. Examples of crude nonfood materials include raw cotton, crude petroleum, coal, hides and skins, and iron and steel scrap. Commodity Indexes The commodity classification structure of the PPI organizes products by similarity of end use or material composition, disregarding industry of origin. Fifteen major commodity groupings (2-digit commodity codes) make up the All Commodities Index. Each major commodity grouping includes (in descending order of aggregation) subgroups (3-digit), product classes (4- digit), subproduct classes (6-digit), and individual items (8-digit). Nearly all 8-digit commodities under the traditional commodity coding system are now derived from corresponding industry-classified product indexes. In such instances, movements in the traditional commodity price indexes and corresponding percent changes will be virtually identical to their industry-based counterparts, even if their index levels differ. Industry Net-Output Price Indexes PPIs for the net output of industries and their products are grouped according to the North American Industry Classification System (NAICS). Prior to the release of January 2004, industry-based PPIs were published according to the Standard Industrial Classification (SIC) system. Industry price indexes are compatible with other economic time series organized by industry, such as data on employment, wages, and productivity. Table 5 of the PPI Detailed Report includes data for NAICS industries and industry groups (3-, 4-, 5-, and 6-digit codes); Census product classes (7- and 8-digits), products (9-digits), and more detailed subproducts (11-digits); and, for some industries, indexes for other sources of revenue. Indexes may represent one of three kinds of product indexes. Every industry has primary product indexes to show changes in prices received by establishments classified in the industry for products made primarily, but not necessarily exclusively, by that industry. The industry classification of an establishment is determined by which products comprise a plurality of its total shipment value. In addition, most industries have secondary product indexes that show changes in prices received by establishments classified in the industry for products chiefly made in some other industry. Finally, some industries have miscellaneous receipts indexes to show price changes in other sources of revenue received by establishments within the industry that are not derived from sales of their products, for example, resales of purchased materials, or revenues from parking lots owned by a manufacturing plant. Data Collection PPIs are based on selling prices reported by establishments of all sizes selected by probability sampling, with the probability of selection proportionate to size. Individual items and transaction terms from these firms are also chosen by probability proportionate to size. The BLS strongly encourages cooperating companies to supply actual transaction prices at the time of shipment to minimize the use of list prices. Prices submitted by survey respondents are effective on the Tuesday of the week containing the 13th day of the month. This survey is conducted primarily through the mail. Price data are provided on a voluntary and confidential basis; only sworn BLS employees are allowed access to individual company price reports. BLS publishes price indexes instead of unit dollar prices. All PPIs are subject to revision 4 months after original publication to reflect the availability of late reports and corrections by respondents. BLS periodically updates the PPI sample of survey respondents to better reflect current conditions when the structure, membership, technology, or product mix of an industry shifts significantly and to spread reporting burden among smaller firms. Results of these resampling efforts are incorporated into the PPI with the release of data for January and July. As part of an ongoing effort to expand coverage to sectors of the economy other than mining and manufacturing, an increasing number of service sector industries have been introduced into the PPI. The following list of recently introduced industries includes the month and year in which an article describing the industry's content appeared in the PPI Detailed Report. PPI Detailed Title Code Report Issue SIC Wireless Telecommunications..............................4812 July 1999 Telephone Communications, Except Radio Telephone.........4813 July 1995 Television Broadcasting..................................4833 July 2002 Grocery Stores...........................................5411 July 2000 Meat and Fish (Seafood) Markets..........................5421 July 2000 Fruit and Vegetable Markets..............................5431 July 2000 Candy, Nut, and Confectionery Stores.....................5441 July 2000 Retail Bakeries..........................................5461 July 2000 Miscellaneous Food Stores................................5499 July 2000 New Car Dealers..........................................5511 July 2000 Gasoline Service Stations................................5541 January 2002 Boat Dealers.............................................5551 January 2002 Recreational Vehicle Dealers.............................5561 January 2002 Miscellaneous Retail.....................................59 January 2001 Security Brokers, Dealers, and Investment Bankers........6211 January 2001 Investment Advice........................................6282 January 2003 Life Insurance Carriers..................................6311 January 1999 Property and Casualty Insurance..........................6331 July 1998 Insurance Agencies and Brokerages........................6412 January 2003 Operators and Lessors of Nonresidential Buildings........6512 January 1996 Real Estate Agents and Managers..........................6531 January 1996 Prepackaged Software.....................................7372 January 1998 Data Processing Services.................................7374 January 2002 Home Health Care Services................................8082 January 1997 Legal Services...........................................8111 January 1997 Engineering Design, Analysis, and Consulting Services....8711 January 1997 Architectural Design, Analysis, and Consulting Services..8712 January 1997 Premiums for Property and Casualty Insurance.............9331 July 1998 NAICS Furniture and Home Furnishings Stores....................442 January 2004 Electronics and Appliance Stores.........................443 January 2004 Building Material and Garden Equipment and Supplies Dealers..................................................444 January 2004 Clothing and Clothing Accessories Stores.................448 January 2004 Sporting Goods, Hobby, Book, and Music Stores............451 January 2004 General Merchandise Stores...............................452 January 2004 Miscellaneous Store Retailers............................453 January 2004 Commercial Banking.......................................522110 January 2005 Savings Institutions.....................................522120 January 2005 Direct Health and Medical Insurance Carriers.............524114 July 2004 Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing.............................532412 January 2005 Weights Weights for most traditional commodity groupings of the PPI, as well as weights for commodity-based aggregate indexes calculated using traditional commodity groupings, such as stage-of-processing indexes, currently reflect 1997 values of shipments as reported in the Census of Manufactures and other sources. From January 1996 through December 2001, PPI weights were derived from 1992 shipment values. Industry indexes also are now calculated with 1997 net output weights. This periodic update of the value weights used to calculate the PPI is done to more accurately reflect changes in production and marketing patterns in the economy. Net output values of shipments are used as weights for industry indexes. Net output values refer to the value of shipments from establishments within the industry to buyers outside the industry. However, weights for commodity price indexes are based on gross shipment values, including shipment values between establishments within the same industry. As a result, broad commodity grouping indexes, such as the PPI for All Commodities, are affected by the multiple counting of price change at successive stages of processing, which can lead to exaggerated or misleading signals about inflation. Stage-of-processing indexes partially correct this defect, but industry indexes consistently correct for this at all levels of aggregation. Therefore, industry and stage-of-processing indexes are more appropriate than broad commodity groupings for economic analysis of general price trends. Price Index Reference Base Effective with publication of January 1988 data, many important PPI series (including stage-of-processing groupings and most commodity groups and individual items) were placed on a new reference base, 1982=100. From 1971 through 1987, the standard reference base for most PPI series was 1967=100. Except for rounding differences, the shift to the new reference base did not alter any previously published percent changes for affected PPI series. (See "Calculating Index Changes," below.) The 1982 reference base is not used for commodity indexes with a base later than December 1981 or for industry net output indexes and their products. For further information on the underlying concepts and methodology of the Producer Price Index, see chapter 14, "Producer Prices," in BLS Handbook of Methods (April 1997), Bulletin 2490. This document can be downloaded from the BLS Web site at (http://www.bls.gov/opub/hom/homch14_itc.htm), and reprints are available on request. Calculating Index Changes Each PPI measures price changes from a reference period which equals 100.0. An increase of 5.5 percent from the reference period in the Finished Goods Price Index, for example, is shown as 105.5. This change also can be expressed in dollars, as follows: Prices received by domestic producers of a sample of finished goods have risen from $100 in 1982 to $105.50. Likewise, a current index of 90.0 would indicate that prices received by producers of finished goods are 10 percent lower than they were in 1982. Movements of price indexes from one month to another are usually expressed as percent changes, rather than as changes in index points. Index point changes are affected by the level of the index in relation to its base period, whereas percent changes are not. The following example shows the computation of index point and percent changes. Index point change Finished Goods Price Index 107.5 Less previous index 104.0 Equals index point change 3.5 Index percent change Index point change 3.5 Divided by the previous index 104.0 Equals 0.034 Result multiplied by 100 0.034 x 100 Equals percent change 3.4 Seasonally Adjusted and Unadjusted Data Because price data are used for different purposes by different groups, BLS publishes seasonally adjusted and unadjusted changes each month. Seasonally adjusted data are preferred for analyzing general price trends in the economy, because these data eliminate the effect of changes that normally occur at about the same time, and in about the same magnitude, every year-such as price movements resulting from normal weather patterns, regular production and marketing cycles, model changeovers, seasonal discounts, and holidays. For these reasons, seasonally adjusted data more clearly reveal underlying cyclical trends. Unadjusted data are of primary interest to users who need information that can be related to actual dollar values of transactions. Individuals requiring this information include marketing specialists, purchasing agents, budget and cost analysts, contract specialists, and commodity traders. It is the unadjusted data that are generally cited when escalating long-term contracts such as purchasing agreements or real estate leases. (See Escalation and Producer Price Indexes: A Guide for Contracting Parties, BLS Report 807, September 1991, available on request from the BLS.) In 1998, the PPI implemented the X-12-ARIMA Seasonal Adjustment Method; prior to that year the PPI employed the X-11 method. Each year, the seasonal status of most commodity indexes is re-evaluated to reflect more recent price behavior. Industry net output indexes are not seasonally adjusted. For time series that exhibit seasonal pricing patterns, new seasonal factors are estimated and applied to the unadjusted data for the previous 5 years. These updated seasonally adjusted indexes replace the most recent 5 years of seasonal data. Seasonal factors may be applied to series using either a direct or aggregative method. Generally, commodity indexes are seasonally adjusted using direct seasonal adjustment, which produces a more complete elimination of seasonal movements than the aggregative method. However, the direct seasonal adjustment process may not yield figures that possess additive consistency. Thus, a seasonally adjusted index for a broad category that is directly adjusted may not be logically consistent with all seasonally adjusted indexes for its components. Seasonal movements for stage-of-processing indexes are derived indirectly through an aggregative method that combines movements of a wide variety of subproduct class (6- digit) series. Seasonally adjusted indexes can become problematic when previously stable and predictable price patterns abruptly change. If the new pattern persists, the seasonal adjustment method will eventually reflect it adequately; if these patterns keep shifting, however, seasonally adjusted data will become chronically troublesome. This problem occurs relatively infrequently for farm and food-related products but has more often affected manufactured products such as automobiles and steel. Since January 1988, the PPI has used Intervention Analysis Seasonal Adjustment methods to enhance the calculation of seasonal factors. With this technique, outlier values that may distort the seasonal pattern are removed from the data prior to applying the standard seasonal factor estimation procedure. For example, a possible economic cause for large price movements for petroleum-based products might have been the Persian Gulf War. In this case, intervention techniques allowed for better estimates of seasonally adjusted data. On the whole, very few series have required intervention. Out of nearly 900 seasonally adjusted series, only 16 interventions were performed in 1997. For more information relating to seasonal adjustment methods, see (1) "Appendix A: Seasonal Adjustment Methodology at BLS," in the BLS Handbook of Methods (April 1997), Bulletin 2490 and (2) "Summary of Changes to the PPI's Seasonal Adjustment Methodology" in the January 1995 issue of Producer Price Indexes. Producer Price Index Data Via the Internet In 1995, the BLS began posting PPI series, news releases, and technical information to both a World Wide Web (WWW) site and a file transfer protocol (FTP) site. During the years following the introduction of PPI Internet services, usage of these sites eclipsed more traditional methods of data dissemination, such as subscriptions to the PPI Detailed Report. There were more than 1.6 million accesses of PPI series over the Internet during the 12 months ended December 31, 2003. Retrieving PPI data from the PPI Website PPI data can be obtained from the WWW address (http://www.bls.gov/ppi). Scrolling down the page to the "Get Detailed Statistics" header reveals the following 5 methods of data retrieval: Most Requested Series is a form-based application that allows the user to quickly obtain PPI time series data by selecting from two separate lists (commodity and industry) of the most commonly requested time series, including the All Commodities Index and the stage-of-processing indexes (for example, Finished Goods). Within each list, any one-or all-of the time series shown can be selected. A user can modify the date range and output options after executing the query, using the reformat button above the data output table. Create Customized Tables is a form-based query application designed for users unfamiliar with the PPI coding structure. It guides a user through the PPI classification system by listing index titles and does not require knowledge of commodity or industry codes. Data retrieved are based on a query formulated by selecting data characteristics from lists provided. Two options are available to create customized tables, depending on a user's browser capability. The one-screen option is a JavaScript application that uses a single screen to guide a user through the available time series data. The second option is a multiple screen, nonJava-based application. Both methods allow a user to browse the PPI coding structure and select multiple series codes. Using the one-screen option, users can modify the date range and output options after executing the query using the reformat button above the data output table. Series Report is a form-based application that uses formatted PPI time series identifiers (commodity or industry codes) as input in extracting data according to a specified set of date ranges and output options. This application provides the most efficient path for those users who are familiar with the format of PPI time series identifiers. Up to 300 indexes can be extracted at one time. There are three basic formats for creating a unique PPI time series identifier. For commodity and stage-of-processing indexes, enter a "wpu" prefix (not seasonally adjusted) or a "wps" prefix (seasonally adjusted) in combination with a commodity-based code to create a series identifier. Commodity code Will provide data for: wps063 Drugs and pharmaceuticals, seasonally adjusted wpu063803 Pharmaceutical preparations, cardiovascular system wpusop3000 Finished goods, not seasonally adjusted For a current industry-based price index organized according to the North American Industry Classification System (NAICS), enter the prefix "pcu" followed by the industry-product code. The series identifier for products primary to an industry include 12 numeric digits, the six-digit industry code is repeated, and up to seven additional digits of product detail. Dashes are used as place holders for higher-level industry group codes. Industry-product code, Will provide data for: Current NAICS series pcu325---325--- Chemical manufacturing, not seasonally adjusted pcu336110336110 Automobile and light duty motor vehicle manufacturing pcu621111621111411 Offices of physicians, one and two physician practices and single specialty group practices, general/family practices To identify a discontinued industry-product code based on the Standard Industrial Classification (SIC), enter a "pdu" prefix and "#" between the fourth and fifth characters of the product code. A series identifier for the discontinued dataset uses underscores as placeholders to complete a reference to an SIC industry group code of less than four digits. (All PPI industry-based indexes organized by SIC were discontinued with the introduction of the NAICS.) In all cases, no spaces are permitted. Industry-product code, Will provide data for: Discontinued SIC series pdu28__# Chemicals and allied products, not seasonally adjusted pdu331_# Blast furnaces, steel works, and rolling and finishing mills, not seasonally adjusted pdu3711#111 Passenger cars Flat Files and the FTP server are best suited for those users requiring access to either a large volume of time series data or other PPI-related documentation (such as, seasonal factor and relative importance tables). The FTP site can be accessed at (ftp://ftp.bls.gov) or directly from the links on the "Get Detailed Statistics" page or the PPI homepage. Data and documentation available for download include: Data/Documentation Directory: NAICS Current Series /pub/time.series/pc SIC Discontinued Series /pub/time.series/pd Commodity Series /pub/time.series/wp Special Requests /pub/special.requests/ppi Latest News Release /pub/news.release/ppi.txt The FTP site maintains files to help with searches and downloads. These files are centrally located in the /pub/doc directory. Within this directory, go to the overview.txt file for an overview relating to all BLS data available through the FTP site. For commodity-based PPI data (which appear in tables 1, 2, 3, 6, 7, and 8 of the PPI monthly detailed report and tables 1, 2, 3, and 5 of the monthly news release), the program help file is wp.txt. For current industry-based PPI data based on the NAICS (which appear in tables 4, 5, and 9 of the monthly PPI report and table 4 of the monthly news release), the file is pc.txt. For industry-based SIC time series that have been discontinued, go to pd.txt. (These and other help files are also maintained within each of the five directories listed above.) Other Sources of PPI Data PPI data can also be accessed via the BLS homepage (http://www.bls.gov). After clicking the "Get Detailed Statistics" link at the top of the homepage a chart appears listing all of the available BLS programs. The following four methods are available for PPI data: Most requested statistics, create customized tables (one screen or multiple screens), and flat files. Additional sources of BLS data also are accessible from this page including: Economic news releases, series report, and economy at a glance. Additional information The PPI homepage (http://www.bls.gov/ppi) contains additional information regarding PPI data and methodology. The top section of the homepage provides PPI news releases, both current and archived, as well as general PPI information. The "Tables Created by BLS" section found beneath the statistics section provides relative importance and seasonal factor tables. The remaining sections offer special notices and publications pertaining to PPI methodology and applications. For questions or comments regarding PPI data classification, methodology, or data availability on the Internet, call or e-mail the Section of Index Analysis and Public Information directly at (202) 691-7705 or ppi-info@bls.gov. Data also can be obtained by calling the national fax- on-demand service at (202) 691-6325. This service enables customers to request faxes of BLS data 24 hours a day, 7 days a week. Table 1. Producer price indexes and percent changes by stage of processing (1982=100) _______________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | Relative | Unadjusted index |change to |percent change from: Grouping |importance| |July 2005 from:| | |_______________________|_______________|__________________________ | Dec. | | | | | | | | | |Mar. |June |July | July | June |Apr. to| May to |June to | 2004 1/|2005 2/|2005 2/|2005 2/| 2004 | 2005 | May | June | July _________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________ | Finished goods...................................| 100.000 153.6 154.0 155.4 4.6 0.9 -0.6 0 1.0 Finished consumer goods........................| 74.093 157.6 158.4 160.0 5.3 1.0 -.9 .2 1.2 Finished consumer foods......................| 20.929 156.3 155.1 154.4 1.4 -.5 -.3 -1.1 -.3 Crude......................................| 1.586 145.5 136.1 127.2 8.3 -6.5 -5.2 -.9 -3.9 Processed..................................| 19.343 157.2 156.7 156.7 1.0 0 .1 -1.1 .1 Finished consumer goods, excluding foods.....| 53.164 157.8 159.2 161.8 6.9 1.6 -1.2 .6 1.8 Nondurable goods less foods................| 37.360 165.7 168.6 172.3 9.1 2.2 -1.5 1.0 2.2 Durable goods..............................| 15.804 137.0 135.6 135.8 1.6 .1 -.1 -.4 .6 Capital equipment..............................| 25.907 144.2 144.0 144.4 2.6 .3 .1 -.2 .5 Manufacturing industries.....................| 6.901 145.3 146.0 146.1 2.5 .1 0 .1 .1 Nonmanufacturing industries..................| 19.006 143.8 143.2 143.7 2.6 .3 .1 -.3 .6 | Intermediate materials, supplies, and components.| 100.000 150.4 151.6 152.8 6.5 .8 -.7 .1 1.0 Materials and components for manufacturing.....| 46.855 145.2 144.3 144.1 4.3 -.1 -.3 -.5 0 Materials for food manufacturing.............| 2.787 146.6 145.0 145.1 -1.5 .1 .2 -2.0 .1 Materials for nondurable manufacturing.......| 15.091 160.4 159.8 159.8 8.5 0 .1 -.4 .1 Materials for durable manufacturing..........| 10.242 159.1 155.8 154.3 4.8 -1.0 -1.4 -.5 -.9 Components for manufacturing.................| 18.734 129.5 129.6 129.9 2.0 .2 -.2 -.2 .3 Materials and components for construction......| 12.962 175.1 175.4 175.1 4.5 -.2 -.2 .3 -.2 Processed fuels and lubricants.................| 17.846 136.0 142.5 148.9 17.8 4.5 -3.0 1.5 5.1 Manufacturing industries ....................| 6.942 133.4 139.8 145.0 14.0 3.7 -1.4 -.4 4.5 Nonmanufacturing industries..................| 10.904 137.7 144.2 151.4 20.2 5.0 -4.0 2.7 5.5 Containers.....................................| 3.190 166.9 167.7 167.2 4.7 -.3 .1 .4 -.2 Supplies.......................................| 19.147 150.7 151.7 152.1 2.8 .3 .1 .3 .3 Manufacturing industries.....................| 4.186 154.3 155.4 155.3 3.9 -.1 .1 .3 0 Nonmanufacturing industries..................| 14.961 148.6 149.6 150.0 2.5 .3 .1 .3 .3 Feeds......................................| 0.946 104.5 110.7 114.4 -12.0 3.3 .7 2.6 3.1 Other supplies.............................| 14.015 154.0 154.4 154.6 3.8 .1 .1 .1 .1 | Crude materials for further processing...........| 100.000 170.4 165.7 176.2 8.4 6.3 -2.0 -3.3 6.7 Foodstuffs and feedstuffs......................| 32.959 127.7 122.1 120.9 -7.6 -1.0 -1.0 -3.1 0 Nonfood materials..............................| 67.041 198.7 194.8 214.3 17.6 10.0 -2.4 -3.5 10.0 Nonfood materials except fuel 3/.............| 35.258 172.8 166.3 179.1 20.3 7.7 -1.7 .3 7.8 Manufacturing 3/...........................| 34.712 159.7 153.6 165.7 20.7 7.9 -1.7 .3 8.0 Construction...............................| 0.546 199.7 198.6 199.1 2.8 .3 -.1 -1.3 .3 Crude fuel 4/................................| 31.782 221.7 222.7 251.5 14.4 12.9 -3.1 -8.0 12.9 Manufacturing industries...................| 2.834 210.5 211.3 237.8 14.1 12.5 -3.0 -7.8 12.5 Nonmanufacturing industries................| 28.948 226.8 227.8 257.3 14.4 12.9 -3.1 -8.0 12.9 | Special groupings | | Finished goods, excluding foods..................|5/ 79.071 152.6 153.5 155.3 5.5 1.2 -.8 .4 1.3 Intermediate materials less foods and feeds......|6/ 96.267 151.3 152.5 153.7 7.0 .8 -.8 .3 .9 Intermediate foods and feeds.....................|6/ 3.733 133.3 134.3 135.6 -4.7 1.0 .4 -.8 .9 Crude materials less agricultural products 3/ 7/.|8/ 65.689 203.6 199.7 219.9 18.1 10.1 -2.5 -3.4 10.2 | Finished energy goods............................|5/ 17.082 123.8 127.3 132.9 15.2 4.4 -3.5 2.0 4.4 Finished goods less energy.......................|5/ 82.918 155.7 155.3 155.4 2.4 .1 0 -.3 .3 Finished consumer goods less energy..............|5/ 57.011 160.7 160.3 160.2 2.4 -.1 -.1 -.4 .2 | Finished goods less foods and energy.............|5/ 61.989 155.9 155.7 156.1 2.8 .3 .1 -.1 .4 Finished consumer goods less foods and energy....|5/ 36.082 163.7 163.7 164.0 2.9 .2 .1 -.1 .4 Consumer nondurable goods less foods and energy..|5/ 20.278 185.6 187.0 187.3 3.9 .2 .3 .3 .2 | Intermediate energy goods........................|6/ 18.339 134.9 141.9 148.4 18.6 4.6 -2.6 1.9 5.2 Intermediate materials less energy...............|6/ 81.661 152.5 152.1 152.0 3.8 -.1 -.3 -.2 -.1 Intermediate materials less foods and energy.....|6/ 77.928 153.8 153.3 153.1 4.3 -.1 -.3 -.2 -.1 | Crude energy materials 3/........................|8/ 46.095 199.7 200.2 225.8 26.9 12.8 -1.9 -3.1 12.8 Crude materials less energy......................|8/ 53.905 146.4 138.5 139.1 -5.7 .4 -2.0 -3.5 1.1 Crude nonfood materials less energy 4/...........|8/ 20.946 199.9 185.5 191.2 -2.1 3.1 -3.6 -4.3 3.1 | _______________________________________________________________________________________________________________________________ 1/ Comprehensive relative importance figures are initially computed 4/ Excludes crude petroleum. after the publication of December indexes and are recalculated 5/ Percent of total finished goods. after final December indexes are available. 6/ Percent of total intermediate materials. 2/ The indexes for March 2005 have been recalculated to incorporate 7/ Formerly titled "Crude materials for late reports and corrections by respondents. All indexes further processing, excluding crude are subject to revision 4 months after original publication. foodstuffs and feedstuffs, plant and 3/ Includes crude petroleum. animal fibers, oilseeds, and leaf tobacco." 8/ Percent of total crude materials. Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |July 2005 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |Mar. |June |July | July | June |Apr. to| May to|June to | |2005 1/|2005 1/|2005 1/| 2004 | 2005 | May | June | July ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | |FINISHED GOODS.........................................| 153.6 154.0 155.4 4.6 0.9 -0.6 0 1.0 | FINISHED CONSUMER GOODS...............................| 157.6 158.4 160.0 5.3 1.0 -.9 .2 1.2 | FINISHED CONSUMER FOODS..............................| 156.3 155.1 154.4 1.4 -.5 -.3 -1.1 -.3 | | 01-11 | Fresh fruits and melons 2/..........................| 98.8 104.6 97.6 1.5 -6.7 9.9 -7.0 -6.7 01-13 | Fresh and dry vegetables 2/.........................| 155.9 143.5 120.4 25.5 -16.1 -15.0 7.4 -16.1 01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 79.6 66.4 80.0 -3.4 20.5 19.5 -15.6 27.1 02-11 | Bakery products 2/..................................| 199.7 200.4 200.8 2.4 .2 .3 .2 .2 02-13 | Milled rice 2/......................................| 120.5 119.3 118.2 -19.6 -.9 .1 -.7 -.9 02-14-02 | Pasta products (June 1985=100) 2/...................| 127.4 128.4 128.6 .3 .2 -.1 0 .2 02-21-01 | Beef and veal 2/....................................| 153.6 145.1 142.4 -.3 -1.9 1.9 -8.0 -1.9 02-21-04 | Pork................................................| 135.2 130.5 130.8 -7.8 .2 0 -7.7 -.6 02-22-03 | Processed young chickens............................| 136.9 138.4 140.1 -6.2 1.2 -.6 -.8 2.5 02-22-06 | Processed turkeys...................................| 102.3 100.9 102.6 -7.0 1.7 -1.7 -7.5 2.5 02-23 | Finfish and shellfish...............................| 236.1 200.9 209.5 5.5 4.3 1.6 -9.3 4.3 02-3 | Dairy products......................................| 155.3 152.7 155.2 -1.6 1.6 -1.7 -1.0 2.9 02-4 | Processed fruits and vegetables.....................| 139.2 140.8 140.7 4.7 -.1 .5 .7 -.1 02-55 | Confectionery end products 2/.......................| 203.5 206.6 206.6 10.3 0 .4 .5 0 02-62 | Soft drinks.........................................| 157.8 159.5 158.2 1.1 -.8 1.0 .8 -.4 02-63-01 | Roasted coffee 2/...................................| 144.1 155.4 158.9 22.6 2.3 .7 3.4 2.3 02-78 | Shortening and cooking oils 2/......................| 176.1 177.6 176.3 -9.8 -.7 -.8 .3 -.7 | | | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 157.8 159.2 161.8 6.9 1.6 -1.2 .6 1.8 | | 02-61 | Alcoholic beverages.................................| 158.4 158.5 158.9 5.3 .3 .3 .3 .3 03-81-06 | Women's, girls', & infants' apparel (12/03=100) 2/..| 100.1 100.3 100.0 .5 -.3 -.6 0 -.3 03-81-07 | Men's and boys' apparel (Dec. 2003=100) 2/..........| 98.8 99.1 99.1 -.3 0 .1 .2 0 03-82 | Textile housefurnishings 2/.........................| 123.4 123.3 122.8 -.5 -.4 1.8 -.1 -.4 04-3 | Footwear 2/.........................................| 147.8 148.5 148.7 1.7 .1 .3 -.1 .1 05-41 | Residential electric power (Dec. 1990=100)..........| 122.8 127.3 128.5 4.1 .9 -.4 -.5 .7 05-51 | Residential gas (Dec. 1990=100).....................| 194.7 198.9 205.6 11.2 3.4 -.9 -3.2 3.7 05-71 | Gasoline............................................| 154.3 159.5 176.5 29.7 10.7 -9.9 8.7 10.9 05-73-02-01| Home heating oil and distillates....................| 165.6 173.1 182.9 58.6 5.7 -7.8 13.5 5.1 06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 114.9 116.3 117.8 4.9 1.3 .4 .3 1.3 06-71 | Soaps and synthetic detergents 2/...................| 134.7 135.5 135.5 2.3 0 -.1 .6 0 06-75 | Cosmetics and other toilet preparations 2/..........| 142.2 143.5 142.9 2.0 -.4 0 .4 -.4 07-12 | Tires, tubes, tread, etc 2/.........................| 106.4 107.8 109.6 6.8 1.7 0 1.8 1.7 09-15-01 | Sanitary paper products 2/..........................| 154.0 154.5 154.6 3.7 .1 0 .2 .1 09-31-01 | Newspaper circulation...............................| 240.1 242.3 241.7 3.5 -.2 0 1.7 -.2 09-32-01 | Periodical circulation..............................| 224.7 226.3 226.4 1.5 0 1.8 -.5 .4 09-33 | Book publishing 2/..................................| 261.2 264.8 265.0 4.9 .1 0 1.0 .1 12-1 | Household furniture.................................| 165.3 165.8 166.2 3.6 .2 .4 0 .2 12-3 | Floor coverings 2/..................................| 144.4 145.9 146.8 6.9 .6 -.1 .3 .6 12-4 | Household appliances 2/.............................| 103.3 103.8 103.6 2.4 -.2 -.1 .4 -.2 12-5 | Home electronic equipment 2/........................| 63.7 63.1 62.6 -2.8 -.8 .2 -.2 -.8 12-62 | Household glassware.................................| 173.5 174.3 174.3 1.5 0 1.0 -.2 -.1 12-64 | Household flatware 2/...............................| 145.8 (3) 148.3 2.0 (3) 0 (3) (3) 12-66 | Lawn and garden equip., ex. tractors 2/.............| 135.2 135.0 134.0 -.4 -.7 .1 0 -.7 14-11-01 | Passenger cars......................................| 133.1 130.5 130.8 1.7 .2 -.2 -1.0 1.5 15-11 | Toys, games, and children's vehicles 2/.............| 127.0 127.2 127.1 2.1 -.1 0 -.1 -.1 15-12 | Sporting and athletic goods 2/......................| 124.7 124.8 125.1 1.5 .2 .1 -.1 .2 15-2 | Tobacco products 2/.................................| 454.1 459.3 459.4 6.0 0 .8 0 0 15-5 | Mobile homes 2/.....................................| 198.7 201.0 201.4 7.4 .2 .7 .2 .2 15-94-02 | Jewelry, platinum, & karat gold 2/..................| 137.7 137.2 137.9 2.5 .5 .1 -.3 .5 15-94-04 | Costume jewelry and novelties 2/....................| 153.5 153.5 153.5 3.9 0 2.5 0 0 | | | CAPITAL EQUIPMENT.....................................| 144.2 144.0 144.4 2.6 .3 .1 -.2 .5 | | 11-1 | Agricultural machinery and equipment 2/.............| 173.5 175.1 174.8 5.4 -.2 .3 .3 -.2 11-2 | Construction machinery and equipment 2/.............| 165.4 169.0 169.8 7.1 .5 2.2 -.4 .5 11-37 | Metal cutting machine tools 2/......................| 154.1 159.0 156.7 3.6 -1.4 .1 2.6 -1.4 11-38 | Metal forming machine tools 2/......................| 178.3 178.9 179.4 3.9 .3 .3 0 .3 11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 141.6 142.7 142.6 2.4 -.1 .4 0 -.1 11-41 | Pumps, compressors, and equipment...................| 177.1 178.3 178.6 6.4 .2 .3 .6 0 11-44 | Industrial material handling equipment 2/...........| 148.0 150.8 150.8 4.6 0 .2 -.9 0 11-51 | Electronic computers (Dec. 1998=100) 2/.............| 25.6 23.8 23.3 -22.6 -2.1 -4.8 -.8 -2.1 11-62 | Textile machinery 2/................................| 158.6 161.7 161.6 2.3 -.1 -.2 -.4 -.1 11-64 | Paper industries machinery (June 1982=100) 2/.......| 176.6 179.1 177.7 2.1 -.8 .3 .8 -.8 11-65 | Printing trades machinery 2/........................| 143.9 144.3 144.3 .6 0 0 -.1 0 11-74 | Transformers and power regulators 2/................| 147.8 150.2 150.6 11.2 .3 -.3 1.1 .3 11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 102.7 102.3 102.4 -.6 .1 -.1 -.1 .1 11-79-05 | X-ray and electromedical equipment 2/...............| 96.4 95.1 95.7 -.9 .6 0 -.5 .6 11-91 | Oil field and gas field machinery ..................| 153.5 156.8 157.0 9.3 .1 1.2 .6 .3 11-92 | Mining machinery and equipment 2/...................| 174.6 175.5 175.5 7.0 0 .1 .2 0 11-93 | Office and store machines and equipment 2/..........| 114.6 115.0 115.0 1.7 0 .3 0 0 12-2 | Commercial furniture 2/.............................| 170.8 172.2 173.2 4.8 .6 .3 0 .6 14-11-05 | Light motor trucks..................................| 150.6 144.0 144.2 -1.7 .1 -.9 -1.7 1.4 14-11-06 | Heavy motor trucks 2/...............................| 159.3 161.4 162.8 4.9 .9 .6 .1 .9 14-14 | Truck trailers 2/...................................| 155.1 156.6 157.6 5.6 .6 -.1 .1 .6 14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 199.8 200.3 202.9 6.1 1.3 .2 -.2 1.0 14-31 | Ships (Dec. 1985=100) 2/............................| 173.4 175.1 176.8 3.1 1.0 .3 .2 1.0 14-4 | Railroad equipment 2/...............................| 161.6 161.3 160.3 11.9 -.6 .4 2.0 -.6 | | |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 150.4 151.6 152.8 6.5 .8 -.7 .1 1.0 | | | INTERMEDIATE FOODS AND FEEDS..........................| 133.3 134.3 135.6 -4.7 1.0 .4 -.8 .9 | | 02-12-03 | Flour 2/............................................| 134.0 133.9 133.3 4.0 -.4 2.2 1.0 -.4 02-53 | Refined sugar and byproducts 2/.....................| 120.0 122.8 122.1 .7 -.6 -.7 2.1 -.6 02-54 | Confectionery materials 2/..........................| 126.3 125.5 124.8 -1.0 -.6 -.4 1.3 -.6 02-64-01-11| Soft drink beverage bases (Dec. 1985=100) 2/........| 179.2 180.6 180.6 2.1 0 1.0 0 0 02-9 | Prepared animal feeds 2/............................| 112.9 118.5 121.7 -9.4 2.7 .7 2.0 2.7 | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 151.3 152.5 153.7 7.0 .8 -.8 .3 .9 | | 03-1 | Synthetic fibers 2/.................................| 111.3 112.8 112.3 5.0 -.4 .2 .4 -.4 03-2 | Processed yarns and threads 2/......................| 110.6 111.4 111.1 1.3 -.3 .4 0 -.3 03-3 | Gray fabrics 2/.....................................| 114.2 114.8 115.1 1.6 .3 -.1 -.2 .3 03-4 | Finished fabrics 2/.................................| 123.0 124.3 124.1 2.6 -.2 1.2 -.3 -.2 03-83-03 | Industrial textile products 2/......................| 134.2 134.4 134.6 2.0 .1 .1 -.1 .1 04-2 | Leather 2/..........................................| 220.0 218.8 219.2 -.9 .2 -.5 -.3 .2 05-32 | Liquefied petroleum gas 2/..........................| 230.4 207.2 218.7 14.0 5.6 -9.8 2.2 5.6 ____________________________________________________________________________________________________________________________________ See footnotes at end of table. Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |July 2005 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |Mar. |June |July | July | June |Apr. to| May to|June to | |2005 1/|2005 1/|2005 1/| 2004 | 2005 | May | June | July ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | | -Continued..........................................| 05-42 | Commercial electric power...........................| 143.0 154.2 155.6 5.6 0.9 1.1 -0.3 0.6 05-43 | Industrial electric power...........................| 148.1 159.9 161.3 6.0 .9 .3 1.2 .5 05-52 | Commercial natural gas (Dec. 1990=100)..............| 205.1 209.8 217.5 9.9 3.7 -.3 -2.8 4.6 05-53 | Industrial natural gas (Dec. 1990=100)..............| 214.3 217.9 228.4 12.2 4.8 -1.5 -5.1 7.4 05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 180.3 178.1 185.2 7.7 4.0 -2.3 -1.1 9.4 05-72-03 | Jet fuels...........................................| 144.4 150.3 174.7 56.4 16.2 -16.4 5.7 16.8 05-73-03 | No. 2 Diesel fuel...................................| 173.3 187.2 188.9 53.6 .9 -3.1 12.7 .2 05-74 | Residual fuels 2/...................................| 115.6 130.5 140.9 58.0 8.0 4.7 -.6 8.0 06-1 | Industrial chemicals 2/.............................| 185.1 179.8 179.3 11.1 -.3 -2.8 -1.5 -.3 06-21 | Prepared paint......................................| 185.4 188.4 188.6 7.3 .1 1.3 -.1 .1 06-22 | Paint materials 2/..................................| 188.6 187.4 188.5 5.1 .6 .5 -1.9 .6 06-31 | Medicinal and botanical chemicals 2/................| 135.5 135.3 136.8 1.9 1.1 .1 .9 1.1 06-4 | Fats and oils, inedible.............................| 150.7 150.5 152.9 -2.4 1.6 9.5 -5.9 .3 06-51 | Mixed fertilizers...................................| 135.8 137.6 139.2 10.2 1.2 -.4 .8 1.8 06-52-01 | Nitrogenates........................................| 181.2 193.2 191.8 15.8 -.7 3.6 2.7 1.2 06-52-02 | Phosphates 2/.......................................| 124.5 125.9 129.0 10.5 2.5 .8 .4 2.5 06-53 | Other agricultural chemicals 2/.....................| 149.8 150.3 150.3 -.3 0 .1 .1 0 06-6 | Plastic resins and materials 2/.....................| 192.1 186.2 184.8 14.7 -.8 .4 -2.8 -.8 07-11-02 | Synthetic rubber 2/.................................| 148.3 153.3 152.1 15.4 -.8 .7 1.2 -.8 07-21 | Plastic construction products 2/....................| 153.0 153.4 153.2 5.1 -.1 .6 -.7 -.1 07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 161.5 165.1 161.9 9.6 -1.9 .2 1.2 -1.9 07-26 | Plastic parts and components for manufacturing 2/...| 117.7 118.3 118.5 1.9 .2 .2 -.2 .2 08-11 | Softwood lumber 2/..................................| 215.2 209.3 202.6 -6.5 -3.2 -5.7 3.9 -3.2 08-12 | Hardwood lumber 2/..................................| 196.8 194.9 194.6 -2.8 -.2 .3 -.4 -.2 08-2 | Millwork............................................| 196.0 196.9 197.2 1.5 .2 0 -.1 .1 08-3 | Plywood 2/..........................................| 187.8 187.0 182.0 1.9 -2.7 -4.8 7.2 -2.7 09-11 | Woodpulp 2/.........................................| 138.3 138.8 139.1 2.1 .2 .1 .1 .2 09-13 | Paper 2/............................................| 157.2 159.0 159.7 6.9 .4 .2 .8 .4 09-14 | Paperboard 2/.......................................| 180.1 176.4 175.1 -.1 -.7 0 -2.5 -.7 09-15-03 | Paper boxes and containers 2/.......................| 184.4 184.2 183.7 3.1 -.3 -.1 -.1 -.3 09-2 | Building paper and board 2/.........................| 203.6 186.2 171.3 -4.0 -8.0 -8.6 7.3 -8.0 09-37 | Commercial printing (June 1982=100) 2/..............| 160.7 161.7 161.9 1.5 .1 -.1 1.0 .1 10-15 | Foundry and forge shop products.....................| 157.0 156.2 155.6 8.4 -.4 -.4 -.1 -.1 10-17 | Steel mill products.................................| 166.3 156.3 150.8 -.2 -3.5 -2.0 -2.8 -3.1 10-22 | Primary nonferrous metals 2/........................| 154.8 146.4 152.0 13.7 3.8 -5.0 -1.7 3.8 10-25-01 | Aluminum mill shapes 2/.............................| 160.3 160.8 160.0 6.6 -.5 .3 -1.6 -.5 10-25-02 | Copper and brass mill shapes 2/.....................| 221.5 228.2 229.6 14.2 .6 .7 2.5 .6 10-26 | Nonferrous wire and cable 2/........................| 163.5 163.5 165.4 9.1 1.2 -1.0 .1 1.2 10-3 | Metal containers 2/.................................| 122.1 125.3 125.3 7.3 0 -.1 1.8 0 10-4 | Hardware 2/.........................................| 166.5 167.3 167.3 3.4 0 .2 .2 0 10-5 | Plumbing fixtures and brass fittings................| 196.7 197.3 197.6 4.0 .2 -.4 -.3 .3 10-6 | Heating equipment 2/................................| 179.7 180.2 180.3 6.2 .1 .1 .4 .1 10-7 | Fabricated structural metal products 2/.............| 174.2 175.2 175.0 5.4 -.1 .2 .2 -.1 10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 157.5 155.8 155.9 1.0 .1 -.6 -1.0 .1 10-89 | Other misc. metal products 2/.......................| 135.3 136.1 137.2 3.4 .8 -.4 -1.3 .8 11-45 | Mechanical power transmission equipment.............| 188.8 188.9 189.0 4.2 .1 .3 -.5 .2 11-48 | Air conditioning and refrigeration equipment 2/.....| 145.2 144.8 145.2 3.9 .3 0 .4 .3 11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100)........| 187.8 191.1 190.5 6.8 -.3 .3 .5 -.3 11-49-05 | Ball and roller bearings 2/.........................| 185.5 187.9 188.6 6.0 .4 -.1 .2 .4 11-71 | Wiring devices 2/...................................| 174.1 175.4 174.8 .8 -.3 -.8 .1 -.3 11-73 | Motors, generators, motor generator sets............| 156.7 157.2 157.8 4.9 .4 -.3 .1 .3 11-75 | Switchgear, switchboard, etc., equipment............| 169.1 170.3 168.9 2.3 -.8 -.2 .2 -.4 11-78 | Electronic components and accessories 2/............| 87.7 87.1 87.7 -.8 .7 -1.0 0 .7 11-94 | Internal combustion engines 2/......................| 147.0 147.1 147.3 .7 .1 -.3 .1 .1 11-95 | Machine shop products 2/............................| 150.3 151.4 151.1 4.4 -.2 .5 .7 -.2 13-11 | Flat glass 2/.......................................| 110.7 111.0 112.0 3.8 .9 -.4 -.1 .9 13-22 | Cement..............................................| 170.1 173.8 178.1 14.5 2.5 .9 1.4 2.4 13-3 | Concrete products...................................| 173.4 174.9 178.0 11.1 1.8 .1 -.1 1.9 13-6 | Asphalt felts and coatings..........................| 122.4 123.7 123.8 5.1 .1 .5 .6 0 13-7 | Gypsum products 2/..................................| 217.4 224.7 228.0 11.2 1.5 1.8 1.8 1.5 13-8 | Glass containers....................................| 146.4 145.9 145.9 .8 0 -.9 .1 .2 14-12 | Motor vehicle parts 2/..............................| 112.8 112.6 113.1 .8 .4 .4 -.4 .4 14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 165.7 166.8 166.1 1.6 -.4 .3 .1 .1 14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 154.0 153.8 153.9 1.3 .1 .4 -.1 .1 15-42 | Photographic supplies 2/............................| 118.9 121.8 121.1 6.1 -.6 0 2.4 -.6 15-6 | Medical/surgical/personal aid devices 2/............| 159.0 159.3 159.2 .9 -.1 .3 0 -.1 | | | CRUDE MATERIALS FOR FURTHER PROCESSING................| 170.4 165.7 176.2 8.4 6.3 -2.0 -3.3 6.7 | | | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 127.7 122.1 120.9 -7.6 -1.0 -1.0 -3.1 0 | | 01-21 | Wheat 2/............................................| 108.6 100.1 97.9 -5.8 -2.2 5.1 -.1 -2.2 01-22-02 | Corn 2/.............................................| 84.1 80.6 84.8 -13.1 5.2 -.1 3.7 5.2 01-31 | Slaughter cattle 2/.................................| 136.7 128.1 123.1 -3.1 -3.9 -1.2 -5.9 -3.9 01-32 | Slaughter hogs......................................| 85.4 81.4 80.9 -17.4 -.6 -1.8 -13.0 3.3 01-41-02 | Slaughter broilers/fryers 2/........................| 190.0 186.7 185.9 -11.9 -.4 -1.2 1.8 -.4 01-42 | Slaughter turkeys...................................| 110.3 124.8 129.8 2.9 4.0 3.4 2.4 4.6 01-6 | Fluid milk..........................................| 116.8 109.4 110.8 -7.3 1.3 -4.3 -3.4 6.2 01-83-01-31| Soybeans 2/.........................................| 112.4 116.0 118.3 -23.0 2.0 4.7 7.7 2.0 02-52-01-03| Cane sugar, raw (Dec. 2003=100) 2/..................| 114.1 119.5 119.1 19.7 -.3 1.2 1.1 -.3 | | | CRUDE NONFOOD MATERIALS..............................| 198.7 194.8 214.3 17.6 10.0 -2.4 -3.5 10.0 | | 01-51 | Raw cotton 2/.......................................| 82.6 74.1 78.4 5.5 5.8 5.4 -13.7 5.8 01-92 | Leaf tobacco 2/.....................................| 86.1 (3) (3) (3) (3) (3) (3) (3) 04-1 | Hides and skins (June 2001=100) 2/..................| 192.2 192.7 192.3 1.0 -.2 -.6 3.4 -.2 05-1 | Coal 2/.............................................| 116.8 115.7 116.1 6.2 .3 .3 -1.1 .3 05-31 | Natural gas 2/......................................| 257.4 259.2 297.8 15.7 14.9 -3.6 -8.9 14.9 05-61 | Crude petroleum 2/..................................| 145.0 144.8 163.7 55.2 13.1 .5 5.5 13.1 08-5 | Logs, timber, etc...................................| 199.2 195.1 195.6 .1 .3 -.3 -2.2 .4 09-12 | Wastepaper..........................................| 239.7 232.1 231.2 -2.7 -.4 0 -3.8 -.5 10-11 | Iron ore 2/.........................................| 115.1 115.5 118.7 20.8 2.8 .2 0 2.8 10-12 | Iron and steel scrap................................| 296.2 211.7 219.3 -34.2 3.6 -12.3 -19.9 2.7 10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 140.6 140.9 153.5 32.9 8.9 -.8 2.2 8.9 10-23-01 | Copper base scrap 2/................................| 226.4 235.6 257.6 42.3 9.3 -5.2 7.9 9.3 10-23-02 | Aluminum base scrap.................................| 216.1 201.6 203.5 7.4 .9 -2.2 -4.3 2.8 13-21 | Construction sand, gravel, and crushed stone........| 191.9 195.9 196.5 6.6 .3 .7 .6 .4 ____________________________________________________________________________________________________________________________________ 1/ The indexes for March 2005 have been recalculated to incorporate late 2/ Not seasonally adjusted. reports and corrections by respondents. All indexes are subject to 3/ Not available. revision 4 months after original publication. Table 3. Producer price indexes for selected commodity groupings (1982=100 unless otherwise indicated) _______________________________________________________________________________________________ | | | | | Unadjusted index 1/ | Commodity| |___________________________________| code | Grouping |March 2005 | June 2005 | July 2005 | _________|________________________________________________|___________|___________|___________| | | | | | | Finished Goods (1967=100)......................| 431.0 | 432.3 | 436.0 | | All commodities................................| 153.7 | 154.1 | 156.2 | | | | | | | | | | | | MAJOR COMMODITY GROUPS | | | | | | | | | | Farm products and processed foods and feeds....| 143.0 | 141.0 | 140.6 | 01 | Farm products................................| 123.0 | 118.3 | 116.2 | 02 | Processed foods and feeds....................| 153.4 | 152.7 | 153.2 | | | | | | | Industrial commodities.........................| 155.6 | 156.4 | 158.9 | 03 | Textile products and apparel.................| 122.3 | 122.8 | 122.5 | 04 | Hides, skins, leather, and related products..| 165.6 | 165.5 | 165.7 | 05 | Fuels and related products and power.........| 140.9 | 145.4 | 154.8 | 06 | Chemicals and allied products 2/.............| 188.9 | 187.4 | 187.7 | 07 | Rubber and plastic products..................| 141.2 | 142.7 | 142.4 | 08 | Lumber and wood products.....................| 198.6 | 197.4 | 195.6 | 09 | Pulp, paper, and allied products.............| 202.1 | 202.7 | 202.7 | 10 | Metals and metal products....................| 160.4 | 156.9 | 157.1 | 11 | Machinery and equipment......................| 123.5 | 123.7 | 123.9 | 12 | Furniture and household durables.............| 138.6 | 139.3 | 139.5 | 13 | Nonmetallic mineral products.................| 160.8 | 162.7 | 164.1 | 14 | Transportation equipment.....................| 151.0 | 149.4 | 150.1 | 15 | Miscellaneous products.......................| 192.2 | 194.9 | 195.8 | | | | | | | Industrial commodities less fuels and related | | | | | products and power...........................| 157.4 | 156.9 | 157.1 | | | | | | | | | | | | OTHER COMMODITY GROUPINGS | | | | | | | | | 01-1 | Fruits and melons, fresh and dry vegetables, | | | | | and tree nuts................................| 132.4 | 130.4 | 116.8 | 01-2 | Grains.........................................| 90.4 | 85.8 | 88.1 | 01-3 | Slaughter livestock............................| 123.9 | 116.4 | 112.7 | 01-4 | Slaughter poultry..............................| 171.6 | 171.8 | 172.1 | 01-5 | Plant and animal fibers........................| 83.5 | 74.9 | 79.1 | 01-7 | Chicken eggs...................................| 89.8 | 73.1 | 85.0 | 01-8 | Hay, hayseeds, and oilseeds....................| 136.5 | 142.9 | 144.7 | 01-83 | Oilseeds.......................................| 124.5 | 127.0 | 130.0 | 01-9 | Other farm products............................| 128.4 | 'N.A.' | 'N.A.' | 02-1 | Cereal and bakery products.....................| 176.5 | 176.5 | 176.7 | 02-2 | Meats, poultry, and fish.......................| 146.4 | 141.0 | 140.8 | 02-22 | Processed poultry..............................| 128.4 | 129.3 | 130.3 | 02-5 | Sugar and confectionery........................| 158.9 | 161.2 | 160.9 | 02-6 | Beverages and beverage materials...............| 157.7 | 159.5 | 159.4 | 02-63 | Packaged beverage materials....................| 143.8 | 153.9 | 156.9 | 02-7 | Fats and oils..................................| 174.7 | 178.2 | 178.0 | 03-81 | Apparel........................................| 125.5 | 125.5 | 125.4 | 04-4 | Other leather and related products.............| 151.0 | 150.9 | 151.3 | 05-3 | Gas fuels......................................| 245.4 | 243.0 | 275.9 | 05-4 | Electric power.................................| 144.2 | 152.8 | 154.3 | 05-7 | Refined petroleum products.....................| 148.6 | 156.4 | 169.9 | 06-3 | Drugs and pharmaceuticals......................| 292.2 | 295.0 | 298.1 | 06-5 | Agricultural chemicals and products............| 148.2 | 151.3 | 152.1 | 06-7 | Other chemicals and allied products............| 148.8 | 150.2 | 150.4 | 07-1 | Rubber and rubber products.....................| 128.4 | 130.2 | 130.8 | 07-11 | Rubber, except natural rubber..................| 147.5 | 152.5 | 151.3 | 07-13 | Miscellaneous rubber products..................| 146.0 | 147.1 | 146.9 | 07-2 | Plastic products...............................| 150.6 | 152.0 | 151.4 | 08-1 | Lumber.........................................| 206.4 | 201.9 | 197.3 | 09-1 | Pulp, paper, and products, excluding building | | | | | paper and board..............................| 169.9 | 169.9 | 169.7 | 09-15 | Converted paper and paperboard products........| 175.9 | 176.1 | 175.8 | 10-1 | Iron and steel.................................| 176.4 | 161.9 | 158.6 | 10-2 | Nonferrous metals..............................| 160.6 | 159.8 | 163.3 | 10-25 | Nonferrous mill shapes.........................| 164.0 | 165.0 | 165.9 | 11-3 | Metalworking machinery and equipment...........| 156.2 | 158.1 | 157.7 | 11-4 | General purpose machinery and equipment........| 167.3 | 168.4 | 168.6 | 11-6 | Special industry machinery.....................| 172.9 | 173.8 | 174.1 | 11-7 | Electrical machinery and equipment.............| 113.3 | 113.0 | 113.4 | 11-9 | Miscellaneous machinery and equipment..........| 144.8 | 145.7 | 145.3 | 12-6 | Other household durable goods..................| 162.5 | 162.9 | 162.5 | 13-2 | Concrete ingredients...........................| 180.6 | 184.4 | 186.4 | 14-1 | Motor vehicles and equipment...................| 132.0 | 129.8 | 130.2 | 15-1 | Toys, sporting goods, small arms, etc..........| 134.6 | 134.6 | 135.0 | 15-4 | Photographic equipment and supplies............| 104.9 | 106.5 | 106.1 | 15-9 | Other miscellaneous products...................| 146.6 | 146.7 | 146.9 | __________________________________________________________|___________|___________|___________| 1/ Data for March 2005 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 2/ Prices of some items in this grouping are lagged 1 month. Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally adjusted __________________________________________________________________________________________________________________ | | | Index | Percent change Industry | Industry 1/ |Index|_______________________|to_July_2005_from: code | |base | | | | | | | |Mar. |June |July | July | June | | |2005 2/|2005 2/|2005 2/| 2004 | 2005 __________________|______________________________________________|_____|_______|_______|_______|________|_________ | | | |Total mining industries...................... |12/84| 176.0 175.8 194.1 24.7 10.4 211 | Oil and gas extraction...................... |12/85| 221.3 219.7 248.9 26.6 13.3 212 | Mining (except oil & gas)................... |12/03| 123.8 123.3 127.8 16.0 3.6 213 | Mining support activities................... |12/03| 124.4 131.4 135.1 30.3 2.8 | | | |Total manufacturing industries............... |12/84| 148.9 149.4 150.8 5.3 .9 311 | Food mfg.................................... |12/84| 146.0 145.9 146.4 -.1 .3 312 | Beverage & tobacco mfg...................... |12/03| 104.2 105.0 104.8 4.2 -.2 313 | Textile mills............................... |12/03| 102.7 103.4 103.1 1.6 -.3 314 | Textile product mills....................... |12/03| 104.6 105.1 105.3 3.5 .2 315 | Apparel manufacturing....................... |12/03| 99.9 99.9 99.7 0 -.2 316 | Leather & allied product mfg................ |12/84| 144.3 144.3 144.6 .6 .2 321 | Wood products manufacturing................. |12/03| 109.4 109.4 108.2 1.3 -1.1 322 | Paper manufacturing......................... |12/03| 106.9 107.1 106.8 3.5 -.3 323 | Printing and related support activities..... |12/03| 102.5 103.2 103.3 2.0 .1 324 | Petroleum and coal products mfg............. |12/84| 182.8 189.1 204.9 34.5 8.4 325 | Chemical mfg................................ |12/84| 184.7 185.4 185.3 7.6 -.1 326 | Plastics and rubber products mfg............ |12/84| 138.9 140.1 140.1 6.8 0 327 | Nonmetallic mineral product mfg............. |12/84| 149.7 151.2 152.4 6.6 .8 331 | Primary metal mfg........................... |12/84| 158.5 153.6 151.2 4.5 -1.6 332 | Fabricated metal product mfg................ |12/84| 148.6 149.4 149.5 4.9 .1 333 | Machinery mfg............................... |12/03| 104.9 105.6 105.6 3.4 0 334 | Computer & electronic product mfg........... |12/03| 98.0 97.5 97.6 -1.3 .1 335 | Electrical equip, appliance & component mfg. |12/03| 107.0 107.5 107.6 3.9 .1 336 | Transportation equipment mfg................ |12/03| 102.6 101.4 101.8 2.1 .4 337 | Furniture & related product mfg............. |12/84| 156.2 157.4 158.1 4.0 .4 339 | Miscellaneous mfg........................... |12/03| 102.7 102.8 102.9 1.7 .1 | | | |Wholesale trade industries | | 423 | Merchant wholesalers, durable goods......... |06/04| 102.1 101.1 101.5 1.8 .4 424 | Merchant wholesalers, nondurable goods...... |06/05| (3) 100.0 98.0 (3) -2.0 425 | Wholesale trade agents and brokers.......... |06/05| (3) 100.0 99.6 (3) -.4 | | | |Retail trade industries | | 441 | Motor vehicle and parts dealers............. |12/03| 107.2 108.3 107.2 3.8 -1.0 442 | Furniture and home furnishings stores....... |12/03| 106.4 109.7 108.9 6.1 -.7 443 | Electronics and appliance stores............ |12/03| 102.3 99.9 99.9 1.3 0 444 | Bldg material and garden equip and supp | | | dealers.................................... |12/03| 110.3 107.1 107.5 -4.0 .4 445 | Food and beverage stores.................... |12/99| 129.5 130.6 130.8 5.3 .2 446 | Health and personal care stores............. |12/03| 107.8 107.4 102.7 1.4 -4.4 447 | Gasoline stations........................... |06/01| 48.3 38.9 48.8 1.0 25.4 448 | Clothing and clothing accessories stores.... |12/03| 103.5 104.3 102.0 2.0 -2.2 451 | Sporting goods, hobby, book and music stores |12/03| 97.8 96.3 95.7 .4 -.6 452 | General merchandise stores.................. |12/03| 102.4 99.6 98.5 -5.8 -1.1 454 | Nonstore retailers.......................... |12/03| 117.7 120.2 123.4 19.1 2.7 | | | |Transportation and warehousing | | 481 | Air transportation.......................... |12/92| 169.5 173.6 176.4 7.6 1.6 482 | Rail transportation......................... |12/96| 119.9 124.9 125.0 10.3 .1 483 | Water transportation........................ |12/03| 105.0 105.1 105.6 4.0 .5 484 | Truck transportation........................ |12/03| 106.9 108.6 109.2 5.6 0.6 486110 | Pipeline transportation of crude oil........ |06/86| 123.0 123.2 127.9 9.8 3.8 486910 | Pipeline transportation of refined petroleum | | | products................................... |06/86| 119.0 119.8 122.1 4.3 1.9 488 | Transportation support activities........... |12/03| 103.0 102.8 103.8 2.8 1.0 491 | Postal service.............................. |06/89| 155.0 155.0 155.0 0 0 492 | Couriers and messengers..................... |12/03| 112.2 113.6 113.2 6.6 -.4 | | | |Utilities | | 221 | Utilities................................... |12/03| 108.7 111.3 113.9 6.3 2.3 | | | |Health care and social assistance | | 6211 | Offices of physicians....................... |12/96| 116.3 115.8 116.2 1.7 .3 6215 | Medical and diagnostic laboratories......... |12/03| 104.2 104.2 104.2 4.2 0 6216 | Home health care services................... |12/96| 120.9 120.9 120.8 .9 -.1 622 | Hospitals................................... |12/92| 145.6 145.9 146.3 3.3 .3 6231 | Nursing care facilities..................... |12/03| 105.4 105.7 105.9 2.9 .2 62321 | Residential mental retardation facilities... |12/03| 104.4 103.7 104.4 2.3 .7 __________________________________________________________________________________________________________________ See footnotes at end of table. Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally adjusted - Continued __________________________________________________________________________________________________________________ | | | Index | Percent change Industry | Industry 1/ |Index|_______________________|to_July_2005_from: code | |base | | | | | | | |Mar. |June |July | July | June | | |2005 2/|2005 2/|2005 2/| 2004 | 2005 __________________|______________________________________________|_____|_______|_______|_______|________|_________ | | | |Other services industries | | 511 | Publishing industries, except Internet...... |12/03| 103.3 104.1 104.2 2.7 .1 515 | Broadcasting, except Internet............... |12/03| 101.5 104.3 100.7 1.1 -3.5 517 | Telecommunications.......................... |12/03| 98.2 98.1 98.3 -1.5 .2 5182 | Data processing and related services........ |12/03| 98.7 99.0 98.9 -.1 -.1 5221 | Depository credit intermediation............ |12/03| 96.5 105.2 104.9 4.4 -.3 523 | Security, commodity contracts and like | | | activity................................... |12/03| 108.5 112.0 112.2 8.7 .2 524 | Insurance carriers and related activities... |12/03| 103.9 104.2 104.4 2.2 .2 5312 | Offices of real estate agents and brokers... |12/03| 105.9 105.6 105.8 4.8 .2 5321 | Automotive equipment rental and leasing..... |06/01| 108.1 108.4 109.4 -.5 .9 5411 | Legal services.............................. |12/96| 137.2 138.9 138.7 5.4 -.1 541211 | Offices of certified public accountants..... |12/03| 102.9 104.1 101.6 .3 -2.4 5413 | Architectural, engineering and related | | | services................................... |12/96| 128.5 129.4 129.1 1.7 -.2 54181 | Advertising agencies........................ |12/03| 100.9 101.9 101.3 1.3 -.6 5613 | Employment services......................... |12/96| 115.4 115.8 116.3 1.5 .4 56151 | Travel agencies............................. |12/03| 95.1 95.3 96.7 1.7 1.5 56172 | Janitorial services......................... |12/03| 101.8 101.9 102.0 1.0 .1 5621 | Waste collection............................ |12/03| 101.5 102.7 102.6 1.2 -.1 721 | Accommodation |12/96| 130.7 133.7 135.4 7.0 1.3 __________________________________________________________________________________________________________________ 1/ Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences in coverage and aggregation methodology, they will generally not match the movements of similarly titled indexes which are derived from traditional commodity groupings. 2/ The indexes for March 2005 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. 3/ Not available. Note: NAICS 2002 replaced the SIC system beginning with the release of PPI data for January 2004. Table 5. Producer price indexes by stage of processing, seasonally adjusted (1982=100) _____________________________________________________________________________________________________________ | | Index 1/ |_____________________________________________________ Grouping | | | | | | | Feb. | Mar. | Apr. | May | June | July | 2005 | 2005 | 2005 | 2005 | 2005 | 2005 _______________________________________________________|________|________|________|________|________|________ | Finished goods...................................| 152.5 153.7 154.5 153.5 153.5 155.1 Finished consumer goods........................| 156.3 157.9 158.8 157.3 157.6 159.5 Finished consumer foods......................| 155.8 156.7 156.6 156.2 154.5 154.1 Crude......................................| 143.8 147.0 146.1 138.5 137.2 131.8 Processed..................................| 156.7 157.4 157.4 157.6 155.9 156.0 Finished consumer goods, excluding foods.....| 156.2 158.0 159.3 157.4 158.4 161.2 Nondurable goods less foods................| 163.6 166.2 167.9 165.3 167.0 170.7 Durable goods..............................| 136.5 136.6 137.0 136.8 136.3 137.1 Capital equipment..............................| 143.7 144.1 144.5 144.6 144.3 145.0 Manufacturing industries.....................| 144.8 145.2 146.0 146.0 146.1 146.2 Nonmanufacturing industries..................| 143.2 143.6 143.9 144.0 143.6 144.4 | Intermediate materials, supplies, and components.| 149.1 150.6 151.8 150.7 150.9 152.4 Materials and components for manufacturing.....| 144.5 145.1 145.2 144.8 144.1 144.1 Materials for food manufacturing.............| 146.4 147.1 146.6 146.9 144.0 144.1 Materials for nondurable manufacturing.......| 158.0 160.2 160.3 160.4 159.8 159.9 Materials for durable manufacturing..........| 159.4 159.0 158.6 156.4 155.6 154.2 Components for manufacturing.................| 129.4 129.5 129.9 129.7 129.5 129.9 Materials and components for construction......| 174.8 175.1 175.1 174.7 175.3 175.0 Processed fuels and lubricants.................| 132.1 137.1 142.1 137.8 139.9 147.1 Manufacturing industries ....................| 130.6 134.2 139.0 137.0 136.4 142.6 Nonmanufacturing industries..................| 133.0 139.0 144.1 138.3 142.1 149.9 Containers.....................................| 166.1 166.9 166.9 167.0 167.6 167.2 Supplies.......................................| 150.0 150.7 151.1 151.3 151.7 152.1 Manufacturing industries.....................| 153.7 154.3 154.7 154.9 155.3 155.3 Nonmanufacturing industries..................| 147.8 148.5 149.0 149.2 149.6 150.0 Feeds......................................| 101.9 104.4 107.2 108.0 110.8 114.2 Other supplies.............................| 153.4 153.9 154.2 154.3 154.4 154.6 | Crude materials for further processing...........| 162.7 170.3 173.8 170.4 164.7 175.8 Foodstuffs and feedstuffs......................| 122.6 128.3 125.2 123.9 120.1 120.1 Nonfood materials..............................| 189.1 198.1 206.6 201.7 194.7 214.2 Nonfood materials except fuel 2/.............| 160.5 171.7 168.5 165.6 166.1 179.0 Manufacturing 2/...........................| 148.2 158.7 155.7 153.0 153.4 165.6 Construction...............................| 198.6 199.6 201.4 201.1 198.5 199.0 Crude fuel 3/................................| 217.8 221.7 249.8 242.0 222.7 251.5 Manufacturing industries...................| 206.7 210.5 236.3 229.1 211.3 237.8 Nonmanufacturing industries................| 222.8 226.8 255.6 247.6 227.8 257.3 | Special groupings | | Finished goods, excluding foods..................| 151.4 152.7 153.7 152.5 153.1 155.1 Intermediate materials less foods and feeds......| 150.0 151.5 152.7 151.5 151.9 153.3 Intermediate foods and feeds.....................| 132.3 133.6 134.2 134.7 133.6 134.8 Crude materials less agricultural products 2/....| 193.4 202.9 211.9 206.7 199.6 219.9 | Finished energy goods............................| 120.7 124.7 126.9 122.4 124.8 130.3 Finished goods less energy.......................| 155.2 155.6 155.9 155.9 155.4 155.8 Finished consumer goods less energy..............| 160.3 160.7 161.0 160.9 160.2 160.5 | Finished goods less foods and energy.............| 155.4 155.7 156.1 156.2 156.1 156.7 Finished consumer goods less foods and energy....| 163.4 163.5 164.0 164.2 164.1 164.7 Consumer nondurable goods less foods and energy..| 185.3 185.5 186.0 186.5 187.0 187.3 | Intermediate energy goods........................| 131.1 136.0 140.4 136.8 139.4 146.6 Intermediate materials less energy...............| 151.9 152.5 152.8 152.3 152.0 151.9 Intermediate materials less foods and energy.....| 153.2 153.7 154.0 153.5 153.2 153.1 | Crude energy materials 2/........................| 186.6 199.7 210.6 206.7 200.2 225.8 Crude materials less energy......................| 142.3 146.2 144.8 141.9 137.0 138.5 Crude nonfood materials less energy 3/...........| 198.2 197.6 200.8 193.5 185.2 190.9 ____________________________________________________________________________________________________________ 1/ All seasonally adjusted indexes are subject to change up to 5 years after original publication due to the recalculation of seasonal factors each January. The indexes for March 2005 have been recalculated to incorporate late reports and corrections by respondents. 2/ Includes crude petroleum. 3/ Excludes crude petroleum.