Producer prices in March 2011
April 18, 2011
On an unadjusted basis, prices for finished goods moved up 5.8 percent for the 12 months ended March 2011, the largest year-over-year gain since a 5.9-percent advance in March 2010.
The Producer Price Index for finished goods rose 0.7 percent in March 2011, seasonally adjusted. This advance followed a 1.6-percent increase in February and a 0.8-percent gain in January.
In March 2011, nearly ninety percent of the increase in the finished goods index can be attributed to a 2.6-percent rise in prices for finished energy goods. Over eighty percent of the increase can be attributed to the gasoline index, which climbed 5.7 percent. Also contributing to the advance in the finished goods index, prices for goods other than foods and energy moved up 0.3 percent. By contrast, the index for finished consumer foods moved down 0.2 percent.
These data are from the BLS Producer Price Index program. To learn more, see “Producer Price Indexes — March 2011” (HTML) (PDF), news release USDL-11-0512. 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 March 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110418.htm (visited January 27, 2015).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.