Producer prices in July 2009

August 20, 2009

The Producer Price Index for Finished Goods declined 0.9 percent in July, seasonally adjusted. This decrease followed advances of 1.8 percent in June and 0.2 percent in May.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, July 2000–July 2009
[Chart data—TXT]

The downturn in finished goods prices was broad based. The index for finished energy goods fell 2.4 percent in July, after climbing 6.6 percent a month earlier. Prices for consumer foods decreased 1.5 percent in July, following a 1.1-percent advance in June.

The index for goods other than foods and energy edged down 0.1 percent, compared with a 0.5-percent rise in June.

From July 2008 to July 2009, prices for finished goods decreased by 6.8 percent, as shown in the chart.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — July 2009" (HTML) (PDF), news release USDL 09-0975. 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 in July 2009 on the Internet at http://www.bls.gov/opub/ted/2009/ted_20090820.htm (visited October 21, 2014).

OF INTEREST

Three recent editions of Spotlight on Statistics