Tuesday, November 17, 2009

Producer Price Index Graph 1117


The Producer Price Index for Finished Goods advanced 0.3 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.

This increase followed a 0.6-percent decline in September and a 1.7-percent rise in August.

In October, at the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.3 percent and the crude goods index increased 5.4 percent.

On an unadjusted basis, from October 2008 to October 2009, prices for finished goods fell 1.9 percent, the eleventh consecutive month of year-over-year declines.



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Original content Bob DeMarco, All American Investor

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