Producer prices up in September after August decline
October 16, 2000
The Producer Price Index for Finished Goods rose 0.9 percent in September, seasonally adjusted. This index declined 0.2 percent in August and showed no change in July.
Among finished goods, a 3.7-percent jump in September's finished energy goods index followed a 0.2-percent decline in August. The index for finished consumer foods rose 0.4 percent, after falling 0.7 percent in the prior month. Price increases for finished consumer goods other than foods and energy increased 0.4 percent in September, following a 0.1-percent rise in August. The index for capital equipment edged up in September, after showing no change a month ago.
During the third quarter of 2000, the finished goods price index advanced at a 2.6-percent seasonally adjusted annual rate (SAAR), after rising at a 1.8-percent rate during the second quarter of 2000. Leading this acceleration, prices for finished energy goods rose at an 11.4-percent SAAR in the third quarter of this year, following a 5.7-percent annual rate of increase during the previous three months.
From September 1999 to September 2000, prices for finished goods rose 3.3 percent. Over two-thirds of this increase can be traced to a 17.2-percent advance in prices for finished energy goods.
These data are a product of the BLS Producer Price Index program. Find out more in "Producer Price Indexes, September 2000", news release USDL 00-292. 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 up in September after August decline on the Internet at https://www.bls.gov/opub/ted/2000/oct/wk3/art01.htm (visited February 25, 2020).
Recent editions of Spotlight on Statistics
- Labor Market Activity of Blacks in the United States
Examines data on the labor market and related topics for the Black or African American population.
- Workers’ Access to and Use of Leave from Their Jobs in 2017–18
Examines the reasons for which workers can take leave, their use of leave, and the reasons they did not take available leave even when they needed to.
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.