Wholesale prices rose 1.8% in June, seasonally adjusted, according to the Bureau of Labor Statistics of the U.S. Department
of Labor. At the earlier stages of processing, prices received by producers of intermediate goods climbed 1.9 percent in June
after moving up 0.3 percent in the preceding month, and the crude goods index increased 4.6 percent following a 3.6-percent
rise in May.
The June acceleration in finished goods prices was broad-based. The index for energy goods jumped
6.6 percent after advancing 2.9 percent in the prior month, prices for consumer foods increased 1.1 percent
following a 1.6-percent drop in May, and the index for goods other than foods and energy rose 0.5 percent
in June after edging down 0.1 percent in the previous month.
Before seasonal adjustment, the
...
Wholesale prices rose 1.8% in June, seasonally adjusted, according to the Bureau of Labor Statistics of the U.S. Department
of Labor. At the earlier stages of processing, prices received by producers of intermediate goods climbed 1.9 percent in June
after moving up 0.3 percent in the preceding month, and the crude goods index increased 4.6 percent following a 3.6-percent
rise in May.
The June acceleration in finished goods prices was broad-based. The index for energy goods jumped
6.6 percent after advancing 2.9 percent in the prior month, prices for consumer foods increased 1.1 percent
following a 1.6-percent drop in May, and the index for goods other than foods and energy rose 0.5 percent
in June after edging down 0.1 percent in the previous month.
Before seasonal adjustment, the
Producer Price Index for Finished Goods rose 1.9 percent in June to 174.1 (1982 = 100). From June 2008
to June 2009, finished goods prices declined 4.6 percent. Over the same period, the index for finished
energy goods fell 25.2 percent and prices for finished consumer foods decreased 2.2 percent.
By contrast, partially
offsetting the overall decline in finished goods prices, the index for finished goods other than foods and energy increased
3.3 percent for the 12 months ended in June. At the earlier stages of processing, prices received by manufacturers of intermediate
goods moved down 12.5 percent and the crude goods index dropped 40.0 percent from June 2008 to June 2009.
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