Producer prices up 1.7 percent for the 12 months ended February 2013

March 15, 2013

For the 12-month period from February 2012 to February 2013, the Producer Price Index for finished goods advanced 1.7 percent, not seasonally adjusted, the largest 12-month increase since a 2.3-percent rise in October 2012.

12-month percent changes in the Producer Price Index for finished goods, not seasonally adjusted, February 2012–February 2013
MonthPercent change

Feb 2012

3.4

Mar 2012

2.8

Apr 2012

1.8

May 2012

0.6

Jun 2012

0.7

Jul 2012

0.5

Aug 2012

1.9

Sep 2012

2.1

Oct 2012

2.3

Nov 2012

1.5

Dec 2012

1.3

Jan 2013

1.4

Feb 2013

1.7

At the earlier stages of processing, prices for intermediate materials, supplies, and components moved up 1.2 percent for the 12 months ended in February, the largest over-the-year increase since a 2.9-percent advance in March 2012.

On a month-to-month basis, prices for finished goods increased 0.7 percent in February, seasonally adjusted, after increasing 0.2 percent in January and decreasing 0.3 percent in December. At the earlier stages of processing, the monthly index for intermediate goods advanced 1.3 percent in February, and crude goods prices decreased 0.3 percent.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — February 2013" (HTML) (PDF), news release USDL-13-0424. 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 up 1.7 percent for the 12 months ended February 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130315.htm (visited September 15, 2014).

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