March 16, 2012 (The Editor’s Desk is updated each business day.)
Producer prices in February 2012
The Producer Price Index for Finished Goods rose 3.3 percent (not seasonally adjusted) for the 12 months ended February 2012, the smallest year-over-year rise since a 3.3-percent increase in August 2010.
[Chart data]
From January to February 2012, prices for finished goods advanced 0.4 percent (seasonally adjusted). Finished goods prices rose 0.1 percent in January and decreased 0.1 percent in December.
In February, the increase in finished goods prices was led by the index for finished energy goods, which moved up 1.3 percent. Prices for finished goods less foods and energy rose 0.2 percent. By contrast, the finished consumer foods index edged down 0.1 percent.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — February 2012" (HTML) (PDF), news release USDL-12-0541. 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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