Producer prices in October 2006
November 15, 2006
The Producer Price Index for Finished Goods fell 1.6 percent in October, seasonally adjusted. This decrease followed a 1.3-percent decline in September and a 0.1-percent advance in August.
The index for finished goods other than foods and energy declined 0.9 percent in October after rising 0.6 percent in September.
Prices for finished consumer foods decreased 0.8 percent in October following a 0.7-percent increase in the prior month. The index for finished energy goods declined 5.0 percent in October following an 8.4-percent drop in September. Gasoline prices decreased 7.9 percent after dropping 22.2 percent a month earlier.
From October 2005 to October 2006, prices for finished goods declined 1.6 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — October 2006" (PDF) (TXT), news release USDL 06-1972. 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 in October 2006 on the Internet at http://www.bls.gov/opub/ted/2006/nov/wk2/art03.htm (visited November 28, 2015).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.