PPI in May 2007
June 15, 2007
The Producer Price Index for Finished Goods increased 0.9 percent in May, seasonally adjusted. This advance followed a 0.7-percent rise in April and a 1.0-percent increase in March.
Prices for finished consumer goods less foods and energy advanced 0.3 percent in May following a 0.1-percent decline in April.
The finished energy goods index rose 4.1 percent in May following a 3.4-percent advance in April. Leading this acceleration, prices for gasoline jumped 10.2 percent after rising 8.2 percent a month earlier.
The index for finished consumer foods declined 0.2 percent in May following a 0.4-percent advance in the preceding month. Prices for fresh and dry vegetables dropped 35.0 percent following an 8.9-percent increase in April.
The capital equipment index inched up 0.1 percent in May, the same rate of advance as in the prior month.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — May 2007" (PDF) (TXT), news release USDL 07-0844. 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, PPI in May 2007 on the Internet at http://www.bls.gov/opub/ted/2007/jun/wk2/art05.htm (visited May 03, 2016).
Recent editions of Spotlight on Statistics
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.
- 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.