Producer Prices in February 2010
March 19, 2010
On an unadjusted basis, prices for finished goods advanced 4.4 percent for the 12 months ended February 2010, their fourth consecutive 12-month increase.
For the 12 months ended February 2010, prices for finished consumer foods increased 3.4 percent; for finished energy goods, 16.6 percent; and for finished goods less foods and energy, 1.0 percent.
Over the month, the Producer Price Index for Finished Goods declined 0.6 percent in February, seasonally adjusted. This decrease followed a 1.4-percent advance in January and a 0.4-percent increase in December.
In February, the decrease in the index for finished goods was driven by lower prices for energy goods, which declined 2.9 percent. By contrast, prices for finished consumer foods rose 0.4 percent and the index for finished goods less foods and energy inched up 0.1 percent.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — February 2010" (HTML) (PDF), news release USDL-10-0316. 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 February 2010 on the Internet at http://www.bls.gov/opub/ted/2010/ted_20100319.htm (visited November 30, 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.