Producer prices edge upward in June
July 12, 2002
The Producer Price Index for Finished Goods edged up 0.1 percent in June. This slight increase followed decreases of 0.4 percent in May and 0.2 percent in April.
At the earlier stages of processing, the intermediate goods index moved up 0.2 percent, following a 0.5-percent decline in May. Prices for crude goods turned down 3.6 percent in June, after increasing 1.7 percent in the previous month.
Among finished goods, prices for finished goods other than foods and energy rose 0.2 percent in June, after showing no change in the prior month. The finished consumer foods index increased 0.1 percent, following a 0.2-percent decline in May. The index for finished energy goods showed no change, compared with a 2.3-percent decline in the previous month.
During the first 6 months of 2002, the finished goods price index advanced at a 1.5-percent seasonally adjusted annual rate (SAAR), after falling at a 5.4-percent rate in the latter half of 2001.
From June 2001 to June 2002, prices for finished goods declined 2.1 percent.
These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, June 2002" (PDF) (TXT), news release USDL 02-388. 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 edge upward in June on the Internet at https://www.bls.gov/opub/ted/2002/jul/wk2/art05.htm (visited February 16, 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.