Producer prices in May 2011
June 16, 2011
On an unadjusted basis, prices for finished goods moved up 7.3 percent for the 12 months ended May 2011, the largest year-over-year gain since an 8.8-percent advance in September 2008.
The Producer Price Index for finished goods rose 0.2 percent in May, seasonally adjusted. This advance followed increases of 0.8 percent in April and 0.7 percent in March.
The May advance in the finished goods index can be traced primarily to prices for finished energy goods, which rose 1.5 percent. The index for finished goods less foods and energy moved up 0.2 percent. By contrast, prices for finished consumer foods fell 1.4 percent in May.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes – May 2011" (HTML) (PDF), news release USDL-11-0889. 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 May 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110616.htm (visited October 23, 2014).
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.