Producer prices in November 2011

December 19, 2011

The Producer Price Index for finished goods advanced 0.3 percent in November, seasonally adjusted. Finished goods prices fell 0.3 percent in October and moved up 0.8 percent in September.

1-month percent change in the Producer Price Index for finished goods, seasonally adjusted, October 2011-November 2011
[Chart data]

The index for finished consumer foods jumped 1.0 percent in November, the sixth consecutive monthly increase. Over half of the November advance can be attributed to the index for fresh and dry vegetables, which rose 11.5 percent.

The index for finished goods less foods and energy advanced 0.1 percent in November after no change a month earlier. Leading this rise, the index for pharmaceutical preparations jumped 0.9 percent.

The index for finished energy goods edged up 0.1 percent in November after declining 1.4 percent in the prior month. Leading this increase was a 9.4-percent advance in home heating oil prices.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — November 2011" (HTML) (PDF), news release USDL-11-1747. 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 Editor's Desk, Producer prices in November 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20111219.htm (visited August 22, 2014).

OF INTEREST

Spotlight on Statistics: Productivity

This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy.  Read more »