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In The News:

Wholesale Prices Move Up 1.6% in February

Wholesale prices increased 1.6 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This rise followed advances of 0.8 percent in January and 0.9 percent in December, and marks the largest increase in finished goods prices since a 1.9-percent advance in June 2009.

Related: 2010 Annual Pricing Trends Report for 59 Product Groups

At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 2.0 percent, and the crude goods index climbed 3.4 percent. On an unadjusted basis, prices for finished goods advanced 5.6 percent for the 12 months ended February 2011, the largest 12-month increase since a 5.9-percent rise in March 2010.

For more details download the pdf below.

Related Article: Distributors Grapple with Price Increases

Download: PPI Feb 2011

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