The 2020 Mid-Year Economic Update_long

Wholesale Prices Dip Slightly in October

The unadjusted finished goods index had its largest increase since March.

Wholesale prices declined 0.2 percent in October, seasonally adjusted, according to the U.S. Bureau of Labor Statistics.

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Prices for finished goods increased 1.1 percent in September and 1.7 percent in August. At the earlier stages of processing, prices received by manufacturers of intermediate goods edged down 0.1 percent in October, and the crude goods index moved up 0.9 percent.

On an unadjusted basis, the finished goods index advanced 2.3 percent for the 12 months ended October 2012, the largest rise since a 2.8-percent increase for the 12 months ended March 2012.

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