June 12, 2000 (The Editor’s Desk is updated each business day.)
No change in producer prices in May
The Producer Price Index for Finished Goods showed no change in May, seasonally adjusted. This followed a 0.3-percent decrease in April and a 1.0-percent gain in March.
The index for finished goods other than foods and energy rose 0.2 percent, after increasing 0.1 percent for two consecutive months. Prices received by producers of intermediate goods fell 0.1 percent, the same rate as last month. The crude goods index turned up 3.2 percent, following a 2.5-percent decline a month earlier.
From May 1999 to May 2000, finished goods prices gained 3.9 percent.
These data are a product of the BLS Producer Price Index program. Find out more in Producer Price Indexes, May 2000, news release USDL 00-169. 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.
Happy 10th Birthday, TED!
The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far.
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