Producer prices in June 2011

July 18, 2011

The Producer Price Index for Finished Goods climbed 7.0 percent (not seasonally adjusted) for the 12 months ended June 2011.

12-month percent changes in the Producer Price Index for Finished Goods, not seasonally adjusted, June 2001 - June 2011
[Chart data]

From May to June, prices for finished goods decreased 0.4 percent (seasonally adjusted), following increases of 0.2 percent in May and 0.8 percent in April.

In June, the decline in finished goods prices can be attributed to the index for finished energy goods, which decreased 2.8 percent. By contrast, prices for finished goods less foods and energy and for finished consumer foods moved up 0.3 percent and 0.6 percent, respectively.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — June 2011" (HTML) (PDF), news release USDL-11-1034. 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 June 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110718.htm (visited October 25, 2014).

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