Producer inflation accelerates in 2007 due to rising prices for energy and foods (ABSTRACT), Monthly Labor Review Online, July 2008

Producer inflation accelerates in 2007 due to rising prices for energy and foods

Joseph Kowal
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.

Antonio Lombardozzi
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.

Scott Sager
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.

William Snyders
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics.

Prices for energy goods surged in 2007, after falling in 2006, while food prices increased more than they had a year earlier; in contrast, the stage-of-processing indexes for goods excluding foods and energy advanced in 2007 at rates similar to those of 2006.

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Related BLS programs

Producer Price Indexes

Price highlights, 2006: energy goods retreat, moderating producer prices.—Jul./Aug. 2007.
Price highlights 2005: higher energy prices again dominate producer prices—Jul. 2006.
Producer price highlights during 2001—Jul. 2002.
Producer prices in 2000: energy goods continue to climb—July 2001.
Rising producer prices in 1999 dominated by energy goods—Aug 2000.
Producer price highlights, 1998.—July 1999.
Producer price highlights, 1997.—July 1998.
Producer price highlights, 1996.—July 1997.
Producer price highlights, 1995.—July 1996.
Producer price highlights, 1994.—June 1995.
Producer price rises slowed in improving economy in 1993.—May 1994.

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