Price Index for finished goods increases

The Producer Price Index for Finished Goods increased 0.4 percent in August, seasonally adjusted, according to the U.S. Bureau of Labor Statistics. August was the second month in a row to see an advance, with July having a 0.2 percent advance.

Intermediate goods moved up 0.3 percent and crude goods advanced 2.3 percent in August. There was a 3.1 percent increase for the price of finished goods from 12 months ago.

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