September 17, 2001 (The Editor’s Desk is updated each business day.)

Producer prices up in August

The Producer Price Index for Finished Goods increased 0.4 percent in August, seasonally adjusted. This index posted a 0.9-percent decline in July and fell 0.4 percent in June.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, August 1992-August 2001
[Chart data—TXT]

Prices received by intermediate goods producers declined 0.4 percent, following a 1.0-percent drop in July. August's crude goods index fell 2.3 percent, compared with a 5.3-percent decrease in July.

From August 2000 to August 2001, prices for finished goods advanced 2.1 percent.

These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, August 2001", news release USDL 01-297. 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.

Find out more about the story of TED