EconoIndicators

Producer Price Index At a Glance

• Finished Goods Index: Down 0.9%
• Finished Goods Core: Up 0.2%
• Finished Goods Annual Change: Up 9.6%
• Finished Goods Energy: Down 4.6%
• Finished Goods Food: Up 0.3%
• Intermediate Goods Index: Down 1%
• Crude Goods Index: Down 11.9%

Technorati Tags: PPI, inflation, Producer, Price, Index

Producer Price Indexes – August 2008

The Producer Price Index for Finished Goods declined 0.9 percent in August, seasonally
adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This
decrease followed advances of 1.2 percent in July and 1.8 percent in June. At the earlier stages
of processing, prices received by manufacturers of intermediate goods fell 1.0 percent in August
after rising 2.7 percent in the prior month, and the crude goods index dropped 11.9 percent
following a 4.2-percent increase in July. (See table A.)

Leading the downturn in prices for finished goods, the index for energy goods fell 4.6
percent in August after climbing 3.1 percent in July. Prices for goods other than foods and
energy advanced 0.2 percent following a 0.7-percent rise in the previous month. The index for
consumer foods increased 0.3 percent in August, the same rate as in July.

Producer Price Index (PPI) – August 2008

Source: Department of Labor, Bureau of Labor Statistics