Producer prices fall in June
July 16, 2001
The Producer Price Index for Finished Goods declined 0.4 percent in June, seasonally adjusted. This decrease followed increases of 0.1 percent in May and 0.3 percent in April.
A 2.5-percent decrease in June's finished energy goods index followed a 0.2-percent increase in May. Prices for finished consumer foods posted a 0.1-percent gain, compared with a 0.4-percent decrease in May. Prices for finished goods, excluding foods and energy, increased 0.1 percent in June, after registering a 0.2-percent gain in May.
During the first 6 months of 2001, the finished goods price index advanced at a 2.4-percent seasonally adjusted annual rate (SAAR), after rising at a 2.5-percent rate during the latter half of 2000. In the first half of this year, the rate of increase in finished energy goods prices slowed to a 1.4-percent SAAR from a 9.2-percent rate of increase during the final 6 months of last year. Offsetting this deceleration, the index for finished consumer foods advanced at a 5.6-percent SAAR from December 2000 to June 2001, compared with a 0.7-percent rate of increase during the previous 6 months.
From June 2000 to June 2001, prices for finished goods gained 2.5 percent.
These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, June 2001", news release USDL 01-216. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices fall in June on the Internet at http://www.bls.gov/opub/ted/2001/july/wk3/art01.htm (visited October 27, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.