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Price Index for finished goods increases
Posted By Lauren Heartsill Dowdle On September 20, 2010 @ 6:17 am In Industry Briefs | No Comments
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.
To see more, view the entire report [1].
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[1] report: http://www.bls.gov/news.release/pdf/ppi.pdf
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