Producer prices jump in October
November 18, 2002
The Producer Price Index for Finished Goods jumped 1.1 percent in October, seasonally adjusted. This index edged up 0.1 percent in September and showed no change in August.
Among finished goods, the index for finished energy goods advanced 4.2 percent in October, following a 0.9-percent gain in September. (Excluding gasoline, prices for finished goods would have risen 0.6 percent in October.)
The index for consumer foods turned up 0.7 percent in October, after falling 0.6 percent in September. Prices for finished goods other than foods and energy rose 0.5 percent in October, compared with a slight increase of 0.1 percent in the prior month.
For the first 10 months of 2002, the Producer Price Index for Finished Goods increased at a 2.0-percent seasonally adjusted annual rate, following a 1.6-percent rate of decline in calendar-year 2001. Prices for finished goods other than foods and energy edged up at a 0.2-percent seasonally adjusted annual rate during the first 10 months of 2002, after posting a 0.9-percent gain in 2001.
From October 2001 to October 2002, finished goods prices rose 0.6 percent.
These data are from the BLS Producer Price Index program. Find out more in "Producer Price Indexes, October 2002" (PDF) (TXT), news release USDL 02-629. 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 jump in October on the Internet at http://www.bls.gov/opub/ted/2002/nov/wk3/art01.htm (visited October 23, 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.