Aug 17, 201112:04 PMBlog

Producer Price Index up slightly in July

Aug 17, 2011 - 12:04 PM
The Producer Price Index for finished goods rose 0.2 percent during July, seasonally adjusted, according to the U.S. Bureau of Labor Statistics. This advance followed a 0.4 percent decrease in June and a 0.2 percent rise in May.

At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.2 percent in July, and the crude goods index declined 1.2 percent. On an unadjusted basis, prices for finished goods moved up 7.2 percent for the 12 months ended July 2011.


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