September 14, 2012 (The Editor’s Desk is updated each business day.)
Producer Price Index in August 2012
The Producer Price Index for Finished Goods rose 2.0 percent (not seasonally adjusted) for the 12 months ended August 2012, the largest advance since a 2.8-percent increase for the 12 months ended March 2012.
[Chart data]
From July to August, prices for finished goods increased 1.7 percent (seasonally adjusted). This increase followed advances of 0.3 percent in July and 0.1 percent in June and marks the largest monthly rise since a 1.9-percent increase in June 2009
At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 1.1 percent in August, and the crude goods index rose 5.8 percent.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — August 2012" (HTML) (PDF), news release USDL-12-1833. All producer prices are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Related TED articles
Prices
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 »
