Producer prices rise again

October 17, 2001

The Producer Price Index for Finished Goods increased 0.4 percent in September, seasonally adjusted. This advance followed a 0.4-percent rise in August and a 0.9-percent decline in July.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, September 1992-September 2001
[Chart data—TXT]

The index for finished goods other than foods and energy turned up 0.3 percent in September, compared with a 0.1-percent decrease in the preceding month. At the earlier stages of processing, prices received by intermediate goods producers increased 0.1 percent, following a 0.4-percent drop in August. The crude goods index fell 4.1 percent in September, after posting a 2.3-percent decrease a month earlier.

From September 2000 to September 2001, prices for finished goods advanced 1.6 percent.

The reference date for the Producer Price Index is the Tuesday of the week containing the 13th day of the month. September's reference date was Tuesday, September 11; price changes that occurred subsequent to the reference date are not reflected in these data. Survey respondents provided data to the Bureau at approximately the same rate in September as they did in prior months.

These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, September 2001", news release USDL 01-347. 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.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices rise again on the Internet at http://www.bls.gov/opub/ted/2001/oct/wk3/art01.htm (visited July 26, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.