Producer prices increase in January

February 21, 2003

The Producer Price Index for Finished Goods rose 1.6 percent in January 2003, seasonally adjusted. This increase followed a 0.1-percent decrease in December and a 0.3-percent decline in November.

Percent change from 12 months ago Producer Price Index for Finished Goods, not seasonally adjusted, January 1994-January 2003
[Chart data—TXT]

Among finished goods, the index for finished energy goods advanced 4.8 percent, following a 0.2-percent increase in December. Excluding prices for energy goods, the finished goods index rose 1.1 percent in January. The index for finished goods other than foods and energy advanced 0.9 percent, after posting a 0.5-percent decline in December.

From January 2002 to January 2003, prices for finished goods rose 2.8 percent.

These data are from the BLS Producer Price Index program. Find out more in "Producer Price Indexes, January 2003" (PDF) (TXT), news release USDL 03–81. 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 increase in January on the Internet at http://www.bls.gov/opub/ted/2003/feb/wk3/art03.htm (visited July 24, 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.