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Wholesale Prices Fall 0.6% in September

By    MDM   Staff 
October 20, 2009
More about:  Economy
Year-over-year, producer price index falls 4.8%.
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Wholesale prices fell 0.6% in September, seasonally adjusted, according to the Bureau of Labor Statistics. The decrease follows a 1.7% rise in August, and a 0.9% decline in July.
 
In September, at the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.2%, and the crude goods index fell 2.1%. On an unadjusted basis, from Sept. 2008 to Sept. 2009, prices for finished goods fell 4.8%, the 10th consecutive month of year-over-year declines.
 
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