Producer prices in February 2012

March 16, 2012

The Producer Price Index for Finished Goods rose 3.3 percent (not seasonally adjusted) for the 12 months ended February 2012, the smallest year-over-year rise since a 3.3-percent increase in August 2010.

12-month percent changes in the Producer Price Index for Finished Goods, not seasonally adjusted, February 2002–February 2012
[Chart data]

From January to February 2012, prices for finished goods advanced 0.4 percent (seasonally adjusted). Finished goods prices rose 0.1 percent in January and decreased 0.1 percent in December.

In February, the increase in finished goods prices was led by the index for finished energy goods, which moved up 1.3 percent. Prices for finished goods less foods and energy rose 0.2 percent. By contrast, the finished consumer foods index edged down 0.1 percent.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — February 2012" (HTML) (PDF), news release USDL-12-0541. 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 February 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120316.htm (visited December 19, 2014).

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