Producer prices for finished goods decrease 0.7 percent in April 2013
May 16, 2013
The Producer Price Index for finished goods decreased 0.7 percent in April, seasonally adjusted. Prices for finished goods fell 0.6 percent in March and increased 0.7 percent in February.
|Month||All finished goods||Foods||Energy|
Prices for finished consumer foods moved down 0.8 percent in April, the largest decrease since a 1.0-percent drop in May 2011. Half of the April decline can be traced to the index for fresh and dry vegetables, which fell 10.6 percent. Lower meat prices also were a major factor in the decrease in the index for finished consumer foods.
The index for finished energy goods moved down 2.5 percent in April after falling 3.4 percent in March. Over ninety percent of the April decrease is attributable to gasoline prices, which dropped 6.0 percent. Lower prices for home heating oil and residential electric power also were factors in the decline in the index for finished energy goods.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — April 2013" (HTML) (PDF), news release USDL-13-0928. 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 for finished goods decrease 0.7 percent in April 2013 on the Internet at https://www.bls.gov/opub/ted/2013/ted_20130516.htm (visited January 20, 2020).
Recent editions of Spotlight on Statistics
- 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.
- 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.