Producer prices edged up in July
August 15, 2003
The Producer Price Index for Finished Goods inched up 0.1 percent in July. This increase followed a 0.5-percent rise in June and a 0.3-percent decrease in May.
The index for finished energy goods advanced 0.3 percent in July, following a 3.4-percent rise in June, and accounted for most of the slower rate of increase in finished goods prices. Prices for finished consumer foods moved down 0.2 percent, after rising 0.4 percent in the preceding month. By contrast, the index for finished goods other than foods and energy turned up 0.2 percent in July, following a 0.1-percent decrease a month earlier.
From July 2002 to July 2003, the finished goods index moved up 3.0 percent (as shown in chart). Over the same period, prices for finished energy goods increased 14.4 percent, the index for finished consumer foods rose 3.7 percent, and prices for finished goods other than foods and energy edged up 0.2 percent.
These data are from the BLS Producer Price Index program. Find out more in "Producer Price Indexes, July 2003" (PDF) (TXT), news release USDL 03–421. 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 edged up in July on the Internet at https://www.bls.gov/opub/ted/2003/aug/wk2/art05.htm (visited September 22, 2019).
Recent editions of Spotlight on Statistics
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.
- Labor force characteristics of people with a disability
Examines the labor force characteristics of people with a disability and compares them with the characteristics of people with no disability.