The 2020 Mid-Year Economic Update_long

Wholesale Prices Increase 1.7% in August

On an unadjusted basis, Producer Price Index is down from a year ago.
money-graph-up

Wholesale prices increased 1.7% in August, according to today’s report from the Bureau of Labor Statistics of the U.S. Department of Labor.

This increase follows a 0.9% decline in July and a 1.8% advance in June. In August, at the earlier stages of processing, prices received by manufacturers of intermediate goods rose 1.8% and the crude goods index moved up 3.8%.
 
On an unadjusted basis, prices for finished goods fell 4.3% from August 2008 to August 2009, following a record 6.8% 12-month decline in July.
 
For more details on the Producer Price Index for August, download the pdf below.
 

 

Click Here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com