March 17, 2000 (The Editor’s Desk is updated each business day.)
Producer prices rise 1.0 percent in February
The Producer Price
Index for Finished Goods rose 1.0 percent in February, seasonally
adjusted. This followed no change in January and a 0.1-percent increase in
December.
[Chart data—TXT]
The majority of February’s increase in prices for finished goods can
be traced to a 5.2-percent rise for finished energy goods, the largest
one-month gain since a 7.5-percent jump in October 1990. Prices for
finished goods other than foods and energy advanced 0.3 percent, following
a 0.2-percent decrease in January.
From February 1999 to February 2000, the finished goods price index
increased 4.0 percent (unadjusted). Over the same period, prices for
finished energy goods advanced 24.7 percent, finished consumer foods rose
1.3 percent, and finished goods other than foods and energy rose 1.0
percent.
These data are a product of the BLS Producer
Price Index program. Find out more
in Producer
Price Indexes, February 2000, news
release USDL 00-77. 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.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
.
Read more »