August 16, 2006 (The Editor’s Desk is updated each business day.)

PPI in July 2006

The Producer Price Index for Finished Goods moved up 0.1 percent in July, seasonally adjusted. This increase followed a 0.5-percent advance in June and a 0.2-percent rise in May.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, July 1997-July 2006
[Chart data—TXT]

The finished energy goods index increased 1.3 percent in July compared with a 0.7-percent rise in June. The finished consumer foods index decreased 0.3 percent in July after rising 1.4 percent in June.

The index for finished goods other than foods and energy declined 0.3 percent in July after edging up 0.2 percent a month earlier. Prices for light motor trucks decreased 3.1 percent compared with a 0.4-percent advance in June. The indexes for passenger cars, pharmaceutical preparations, civilian aircraft, mobile homes, newspaper circulation, railroad equipment, and for integrating and measuring instruments also turned down in July.

From July 2005 to July 2006, prices for finished goods advanced 4.2 percent, as shown in the chart.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — July 2006" (PDF) (TXT), news release USDL 06-1442. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.

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