Economic News Release

Producer Price Index News Release

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http://www.bls.gov/ppi              July 15, 2008

                           Producer Price Indexes - June 2008

	The Producer Price Index for Finished Goods increased 1.8 percent in June, seasonally 
adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  This 
increase followed advances of 1.4 percent in May and 0.2 percent in April.  At the earlier stages 
of processing, prices received by producers of intermediate goods rose 2.1 percent in June after 
moving up 2.9 percent in the prior month, and the crude goods index increased 3.7 percent 
following a 6.7-percent gain in May.  (See table A.)

Table A. Monthly and annual percent changes in selected stage-of-processing price indexes, seasonally adjusted
Month Finished goods Intermediate
goods
Crude
goods
Total Foods Energy Except foods
and energy
Change in
finished goods
from 12 months
ago (unadj.)

2007

June

0.1 -0.2 -0.3 0.2 3.3 0.4 0.8

July

0.5 -0.1 2.2 0.2 4.2 0.7 0.3

Aug.

-0.8 0.0 -4.2 0.1 2.3 -0.9 -3.5

Sept.

0.5 1.1 1.2 0.1 4.4 0.0 0.9

Oct.

0.5 1.3 1.1 0.1 6.1 0.6 4.0

Nov.

2.6 -0.2 11.7 0.3 7.3 2.9 6.8

Dec.

-0.5 1.3 -3.5 0.1 6.2 0.2 1.8

2008

Jan.

1.2 1.7 2.2 0.6 7.4 1.2 2.9

Feb.(1)

0.3 -0.6 1.0 0.4 6.5 0.9 3.9

Mar.(1)

1.0 1.3 2.5 0.3 6.9 2.2 8.0

Apr.

0.2 0.0 -0.2 0.4 6.5 0.9 3.2

May

1.4 0.8 4.9 0.2 7.2 2.9 6.7

June

1.8 1.5 6.0 0.2 9.2 2.1 3.7

Footnotes
(1) Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for February 2008 have been revised to reflect the availability of late reports and corrections by respondents.


	Within finished goods, the index for energy goods climbed 6.0 percent in June after rising 
4.9 percent in May.  Prices for consumer foods increased 1.5 percent subsequent to a 0.8-percent 
advance in the previous month, and the index for finished goods other than foods and energy 
increased 0.2 percent for the second consecutive month.

	During the first 6 months of 2008, the finished goods index rose at a 12.4-percent 
seasonally adjusted annual rate (SAAR) after increasing at a 5.8-percent SAAR during the 
second half of 2007.  Prices for finished energy goods climbed at a 38.1-percent SAAR from 
December 2007 to June 2008 after rising at a 16.7-percent SAAR for the 6 months ended 
December 2007.  The index for finished goods other than foods and energy advanced at a 4.5-
percent SAAR for the 6 months ended in June after rising at a 1.7-percent SAAR during the prior 
6 month period.  Prices for finished consumer foods moved up at a 9.8-percent SAAR during the 
first half of 2008 after increasing at a 7.1-percent SAAR through the second half of 2007.  At the 
earlier stages of processing, the intermediate goods index increased at a 22.5-percent SAAR 
from December 2007 to June 2008 after moving up at a 7.0-percent SAAR during the latter half 
of 2007, and prices for crude goods surged at a 74.0-percent SAAR for the 6 months ended in 
June after climbing at a 22.0-percent SAAR for the 6 months ended December 2007.  (See 
summary table.)  

	Before seasonal adjustment, the Producer Price Index for Finished Goods rose 1.6 percent 
in June to 182.5 (1982 = 100).  From June 2007 to June 2008, prices for finished goods increased 
9.2 percent.  Over the same period, prices for finished energy goods surged 27.0 percent, the 
index for finished goods other than foods and energy gained 3.0 percent, and the index for 
finished consumer foods advanced 8.3 percent.  For the 12 months ended June 2008, prices 
received by intermediate goods producers moved up 14.5 percent, and the crude goods index 
climbed 45.5 percent.

Summary of December-to-December, 6-month, and 3-month seasonally adjusted annual rates of change in price indexes at selected stages of processing
Grouping Percentage change
12 months ended
December
Seasonally adjusted annual rate for
2005 2006 2007 6 months
ended
Dec.
2007
6 months
ended
June
2008
3 months
ended
Mar.
2008
3 months
ended
June
2008

Finished goods

5.4 1.1 6.2 5.8 12.4 10.7 14.1

Finished consumer foods

1.7 1.7 7.6 7.1 9.8 9.9 9.6

Finished energy goods

23.9 -2.0 17.8 16.7 38.1 25.5 51.9

Finished goods less foods and energy

1.4 2.0 2.0 1.7 4.5 5.3 3.7

Finished consumer goods less foods and energy

1.6 1.8 2.4 2.1 4.9 5.7 4.2

Capital equipment

1.2 2.3 1.4 1.1 3.8 4.3 3.2

Intermediate materials, supplies, and components

8.6 2.8 7.1 7.0 22.5 18.3 26.8

Intermediate foods and feeds

2.4 4.7 17.2 14.9 27.3 40.6 15.3

Intermediate energy goods

26.2 -3.3 19.8 21.8 48.9 40.7 57.5

Intermediate materials less foods and energy

4.8 4.5 3.3 2.4 14.8 10.4 19.3

Materials for nondurable manufacturing

8.9 1.2 12.8 11.2 27.4 20.2 35.0

Materials for durable manufacturing

5.9 12.5 1.7 -6.4 31.7 26.0 37.7

Materials and components for construction

6.1 4.3 2.0 0.8 13.2 7.0 19.8

Crude materials for further processing

21.1 -4.7 19.8 22.0 74.0 78.0 70.1

Foodstuffs and feedstuffs

1.6 2.8 24.9 19.7 21.8 25.0 18.7

Crude energy materials

42.2 -15.7 16.2 27.4 132.7 128.4 137.0

Crude nonfood materials less energy

5.2 17.0 15.6 10.1 61.3 59.2 63.4

"-" Data not available.
NOTE: Late reports and corrections by respondents may cause some indexes to change 4 months after original publication. In addition, seasonally adjusted indexes may be revised for 5 years, due to the recalculation of seasonal factors each January.


Finished goods

	Prices for finished energy goods advanced 6.0 percent in June after increasing 4.9 percent 
in May.  The residential natural gas index rose 6.6 percent subsequent to a 3.8-percent gain in the 
previous month.  Similarly, prices for liquefied petroleum gas, home heating oil, residential 
electric power, and unleaded mid-premium gasoline also advanced more than they had in May.  
The index for lubricating and similar oils moved up in June compared with no change a month 
earlier.  By contrast, slightly counteracting the acceleration in the finished energy goods index, 
prices for unleaded regular gasoline advanced 9.0 percent in June following a 9.6-percent 
increase in the previous month.  The indexes for diesel fuel and kerosene also rose less than they 
had in May.  (See table 2.)  

        Prices for finished consumer foods moved up 1.5 percent in June following a 0.8-percent 
increase in May.  The index for fresh and dry vegetables advanced 14.7 percent after declining 
9.0 percent in the preceding month.  Prices for pears, eggs for fresh use, fluid milk products, and 
processed young chickens also turned up in June.  The index for natural, processed, and imitation 
cheese increased more than it had in the prior month.  By contrast, prices for pork fell 2.4 percent 
compared with an 8.0-percent increase a month earlier.  The indexes for noncarbonated soft 
drinks and confectionery end products also turned down in June.  Prices for manufactured ice 
and for shortening and cooking oils advanced less than they had in May.

	The index for finished goods other than foods and energy moved up 0.2 percent in June, 
the same increase as in May.  Higher prices for passenger cars, pet food, aircraft and aircraft 
equipment, commercial furniture, mining machinery and equipment, railroad equipment, and 
textbooks outweighed lower prices for light motor trucks, consumer plastic products, and 
telephone and telegraph equipment. 

Table B. Monthly and annual percent changes in selected price indexes for intermediate goods and crude goods, seasonally adjusted
Month Intermediate goods Crude goods
Foods Energy Except
foods
and energy
Change in
intermediate
goods from
12 months
ago (unadj.)
Foods Energy Except
foods
and energy
Change in
crude
goods from
12 months
ago (unadj.)

2007

June

1.9 0.7 0.3 3.6 -0.1 2.2 -0.3 15.5

July

0.7 2.0 0.4 4.2 1.1 -0.5 0.7 12.9

Aug.

0.4 -2.9 -0.4 2.4 -1.6 -6.4 0.6 6.1

Sept.

1.3 -0.5 0.1 4.1 2.7 -0.8 2.2 11.3

Oct.

1.2 1.3 0.4 5.7 -0.2 8.2 1.5 26.8

Nov.

1.4 10.4 0.8 7.9 2.9 12.3 -0.9 20.9

Dec.

2.0 0.1 0.1 7.1 4.2 0.5 0.8 19.8

2008

Jan.

3.5 1.9 0.9 8.9 3.1 1.8 4.7 30.8

Feb.(1)

2.4 1.2 0.6 9.0 1.2 6.6 3.6 24.6

Mar.(1)

2.7 5.7 1.0 10.5 1.4 13.3 3.5 31.4

Apr.

-0.6 0.5 1.2 10.5 -0.9 4.1 7.9 34.3

May

3.2 6.2 2.0 12.6 1.8 13.1 5.0 41.5

June

1.0 5.0 1.3 14.5 3.5 5.4 -0.2 45.5

Footnotes
(1) Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for February 2008 have been revised to reflect the availability of late reports and corrections by respondents.


Intermediate goods

	The Producer Price Index for Intermediate Materials, Supplies, and Components rose 2.1 
percent in June following a 2.9-percent increase in the prior month.  This price deceleration was 
broad based as the indexes for intermediate energy goods, materials for durable manufacturing, 
intermediate foods and feeds, materials for nondurable manufacturing, materials and components 
for construction, and containers all rose less than in May.  Price advances for intermediate 
materials less foods and energy slowed to 1.3 percent in June from 2.0 percent in a month earlier.  
(See table B.)

	The intermediate energy goods index moved up 5.0 percent in June after climbing 6.2 
percent in the previous month.  The index for diesel fuel rose 6.7 percent after jumping 11.2 
percent in May.  Prices for natural gas to electric utilities and residual fuels also advanced less 
than in May.  The indexes for both commercial and industrial electric power turned down in June 
after rising in the prior month.  By contrast, partially offsetting the deceleration in the 
intermediate energy goods index, prices for jet fuels advanced 8.5 percent after moving up 6.9 
percent in May.  The indexes for liquefied petroleum gas and home heating oil also rose more 
than in May.  (See table 2.)  The intermediate energy goods index advanced at a 48.9-percent 
SAAR from December 2007 to June 2008 after moving up at a 21.8-percent SAAR during the 
second half of 2007.

	The increase in the index for materials for durable manufacturing slowed to 1.7 percent in 
June from 4.5 percent in the preceding month.  The index for cold rolled steel sheet and strip rose 
1.2 percent following a 10.9-percent advance in May.  Prices for hot rolled steel bars, plates, and 
structural shapes and for semifinished steel mill products also increased less than a month earlier.  
The indexes for primary nonferrous metals, copper and brass mill shapes, nonferrous wire and 
cable, and refined lead turned down after advancing in the prior month.  By contrast, the rise in 
the index for hot rolled steel sheet and strip accelerated to 19.9 percent in June from 12.4 percent 
in the previous month.  The index for materials for durable manufacturing advanced at a 31.7-
percent SAAR in the 6 months ended June 2008 after decreasing at a 6.4-percent SAAR in the 
second half of 2007.

	The index for intermediate foods and feeds advanced 1.0 percent in June after moving up 
3.2 percent in the prior month.  The rise in the index for formula feeds (for poultry and livestock) 
slowed to 1.1 percent from 3.9 percent in May.  Prices for shortening and cooking oils also 
increased less than a month earlier.  The indexes for corn, cottonseed, and soybean cake and 
meal and for pork turned down after moving higher in May.  Conversely, the index for fluid milk 
products advanced 3.5 percent in June following a 2.3-percent decrease in the preceding month.  
Prices for dry, condensed, and evaporated milk products also turned up after declining in May.  
The index for flour decreased less in June than in the previous month.  Prices for natural, 
processed, and imitation cheese moved up more than in May.  The index for intermediate foods 
and feeds advanced at a 27.3-percent SAAR for the 6 months ended June 2008 after climbing at 
a 14.9-percent SAAR in the previous 6-month period.

	The rise in the index for materials for nondurable manufacturing slowed to 2.7 percent in 
June from 3.2 percent in the prior month.  The index for primary basic organic chemicals 
advanced 3.4 percent following a 7.5-percent jump in May.  Prices for basic inorganic chemicals, 
thermoplastic resins and materials, writing and printing papers, and newsprint also increased less 
than in the previous month.  The index for paint colors turned down after climbing in May.  By 
contrast, the index for fertilizer materials jumped 21.2 percent in June after advancing 5.9 
percent in the preceding month.  Prices for ethanol turned up after decreasing in May.  The index 
for materials for nondurable manufacturing rose at a 27.4-percent SAAR in the first half of 2008 
after increasing at an 11.2-percent SAAR in the second half of 2007.

	The index for materials and components for construction moved up 1.5 percent in June 
after climbing 2.1 percent in the prior month.  The rise in the index for structural, architectural, 
and pre-engineered metal products slowed to 1.7 percent from 3.2 percent in May.  Prices for 
unfinished softwood lumber (not made from purchased materials) and for hot rolled steel bars, 
plates, and structural shapes also increased less than in the prior month.  The indexes for 
nonferrous metals and unitary air conditioners turned down after advancing in May.  By contrast, 
the index for hot rolled steel sheet and strip surged 19.9 percent in June following a 12.4-percent 
rise a month earlier.  Prices for switchgear and switchboard apparatus and for precast concrete 
products turned up after falling in May.  The index for materials and components for 
construction increased at a 13.2-percent SAAR in the first half of 2008 after edging up at a 0.8-
percent SAAR in the prior 6-month period.  

        The increase in the index for containers slowed to 0.3 percent in June from 0.5 percent in 
the preceding month.  The index for barrels, drums, and pails advanced 0.6 percent after rising 
2.5 percent in May.  Prices for paper, plastic, and foil bags also increased less than in the prior 
month.  The index for steel cans was unchanged in June following an advance a month earlier, 
and prices for wood boxes turned down after rising in May.  By contrast, the index for paper 
boxes and containers advanced 0.3 percent after increasing 0.2 percent in the previous month.  
Prices for glass containers turned up in June, and the index for aluminum cans was unchanged 
following a May decline.  During the first half of 2008, the index for containers climbed at a 5.5-
percent SAAR after rising at a 4.3-percent SAAR in the second half of 2007.
	  
Crude goods

        The Producer Price Index for Crude Materials for Further Processing increased 3.7 
percent in June following a 6.7-percent advance in May.  Prices for crude energy materials rose 
less than they had in May.  The index for crude nonfood materials less energy edged down after 
climbing in the prior month.  By contrast, partially offsetting the deceleration in prices for crude 
goods, the index for crude foodstuffs and feedstuffs increased more than it had in May.  (See 
table B.)

        Prices for crude energy materials moved up 5.4 percent in June following a 13.1-percent 
jump a month earlier.  The natural gas index rose 5.2 percent after surging 17.0 percent in May.  
The rate of increase in prices for crude petroleum also slowed from May to June, rising 11.1 
percent and 4.4 percent, respectively.  Conversely, the coal index climbed 14.4 percent following 
a 2.9-percent gain in May.  (See table 2.)  During the first half of 2008, the crude energy 
materials index advanced at a 132.7-percent SAAR after rising at a 27.4-percent SAAR in the 
previous 6-month period.

        Prices for crude nonfood materials less energy inched down 0.2 percent in June after 
increasing 5.0 percent in the preceding month.  The copper base scrap index declined 5.3 percent 
following a 1.3-percent gain in May.  Prices for high grade wastepaper and for plant and animal 
fibers also turned down in June.  The index for carbon steel scrap rose less than in the previous 
month.  Prices for stainless and alloy steel scrap and for corrugated wastepaper fell more than 
they had in May.  By contrast, gold ore prices advanced 2.9 percent in June subsequent to a 23.0-
percent drop in the prior month.  The index for soybeans also turned up in June.  Prices for 
phosphates and pulpwood rose more than they had in May.  From December 2007 to June 2008, 
the index for crude nonfood materials less energy increased at a 61.3-percent SAAR after 
advancing at a 10.1-percent SAAR in the prior 6-month period.

        Prices for crude foodstuffs and feedstuffs climbed 3.5 percent following a 1.8-percent 
increase in May.  The corn index jumped 12.2 percent following a 1.7-percent decline in the 
prior month.  Prices for fluid milk moved up in June after no change a month earlier.  The 
indexes for soybeans, ungraded chicken eggs, fresh vegetables (except potatoes), and sorghum 
turned up after falling in the previous month. Wheat prices fell less than they had in May.  By 
contrast, prices for slaughter hogs decreased 3.4 percent after rising 18.1 percent in the preceding 
month.  The indexes for slaughter steers and heifers and for slaughter broilers and fryers also 
turned down in June.  The index for crude foodstuffs and feedstuffs increased at a 21.8-percent 
SAAR in the first half of 2008 subsequent to rising at a 19.7-percent SAAR in the second half of 
2007.

Net output price indexes

Mining, Utilities, and Manufacturing Industries.  The rise in the Producer Price Index for the 
Net Output of Total Mining, Utilities, and Manufacturing Industries slowed to 1.8 percent in 
June from 2.3 percent in the prior month.  (Net output price indexes are not seasonally adjusted.)  
The index for the petroleum refining industry increased 5.8 percent after jumping 10.9 percent in 
May.  Prices received by the industries for crude petroleum and natural gas extraction and for 
livestock slaughtering, as well as, for fabricated plastics for transportation products (excluding 
foam and reinforced plastics) also rose less than in the previous month.  By contrast, partially 
offsetting the deceleration in the index for total mining, utilities, and manufacturing industries, 
the index for the electric power generation industry turned up 5.5 percent in June after decreasing 
2.9 percent a month earlier.  Prices received by fluid milk manufacturers also rose following 
May declines.  The industry indexes for electric power distribution and phosphatic fertilizer 
manufacturing increased more than in the preceding month.  For the first 6 months of 2008, the 
Producer Price Index for the Net Output of Total Mining, Utilities, and Manufacturing Industries 
increased at a 19.9-percent annualized rate compared with a 3.3-percent annualized rate of 
advance in the final half of 2007.  In June 2008, the Producer Price Index for the Net Output of 
Total Mining, Utilities, and Manufacturing Industries was 116.3 (December 2006 = 100), 11.3 
percent above its year-ago level.

Trade Industries.  The Producer Price Index for the Net Output of Total Trade Industries moved 
up 0.7 percent in June after increasing 1.3 percent a month earlier.  (Trade indexes measure 
changes in margins received by wholesalers and retailers.)  Higher margins received by merchant 
wholesalers of durable goods, gasoline stations, non-discount department stores, family clothing 
stores, specialty food stores, and jewelry stores outweighed lower margins received by merchant 
wholesalers of nondurable goods and grocery stores.  For the first half of 2008, the Producer 
Price Index for the Net Output of Total Trade Industries increased at a 9.9-percent annualized 
rate after falling at a 1.0-percent annualized rate in the second half of 2007.  In June 2008, the 
Producer Price Index for the Net Output of Total Trade Industries was 108.9 (December 2006 = 
100), 4.3 percent above its year-ago level.

Transportation and Warehousing Industries.  The rise in the Producer Price Index for the Net 
Output of Total Transportation and Warehousing Industries accelerated to 2.3 percent in June 
from 1.7 percent in the previous month.  The index for the scheduled passenger air transportation 
industry increased 5.8 percent after advancing 0.4 percent in May.  Prices received by long-
distance general freight truckers, deep sea freight transporters, and line-haul railroads also rose 
more than a month earlier.  By contrast, the index for the U.S. Postal Service was unchanged in 
June after increasing 2.8 percent in the prior month.  Prices received by the industries for 
couriers, local general freight trucking, and long distance specialized freight trucking of new 
goods advanced less than in May.  From December 2007 to June 2008, the Producer Price Index 
for the Net Output of Total Transportation and Warehousing Industries climbed at a 16.4-percent 
annualized rate following a 3.7-percent annualized rate of increase in the second half of 2007.  In 
June 2008, the Producer Price Index for the Net Output of Total Transportation and Warehousing 
Industries was 115.0 (December 2006 = 100), 9.8 percent above its year-ago level.

Traditional Service Industries.  The Producer Price Index for the Net Output of Total 
Traditional Service Industries turned up 0.1 percent in June after decreasing 0.1 percent a month 
earlier.  The industry index for non-casino hotels and motels rose 4.5 percent following a 1.5-
percent decline in May.  Prices received by investment bankers and securities dealers also turned 
up after decreasing in the previous month.  The industry indexes for commercial banking, 
cellular and other wireless carriers, and offices of real estate agents and brokers declined less 
than in May.  By contrast, the industry index for savings institutions turned down 2.7 percent 
after increasing 0.9 percent in the prior month.  Prices received by portfolio managers rose less in 
June, and the industry index for offices of physicians (excluding mental health) was unchanged 
after rising in May.  During the first half of 2008, the Producer Price Index for the Net Output of 
Total Traditional Service Industries edged up at a 0.4-percent annualized rate following a 0.8- 
percent annualized rate of increase from June to December 2007.  In June 2008, the Producer 
Price Index for the Net Output of Total Traditional Service Industries was 102.0, (December 
2006 = 100), 0.6 percent above its year-ago level.

                                         *****

Producer Price Index data for July 2008 are scheduled to be released on Tuesday, August 19, 
2008 at 8:30 a.m. (EDT).







Technical Note

               Brief Explanation of Producer Prices Indexes

     The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS)
is a family of indexes that measure the average change over time in the
prices received by domestic producers of goods and services.  PPIs measure
price change from the perspective of the seller.  This contrasts with other
measures, such as the Consumer Price Index (CPI).  CPIs measure price
change from the purchaser's perspective.  Sellers' and purchasers' prices
can differ due to government subsidies, sales and excise taxes, and
distribution costs.

     More than 8,000 PPIs for individual products and groups of products
are released each month.  PPIs are available for the products of virtually
every industry in the mining and manufacturing sectors of the U.S. economy.
New PPIs are gradually being introduced for the products of industries in
the construction, trade, finance, and services sectors of the economy.

     More than 100,000 price quotations per month are organized into three
sets of PPIs:  (1) Stage-of-processing indexes, (2) commodity indexes, and
(3) indexes for the net output of industries and their products.  The stage-
of-processing structure organizes products by class of buyer and degree of
fabrication.  The commodity structure organizes products by similarity of
end use or material composition.  The entire output of various industries
is sampled to derive price indexes for the net output of industries and
their products.
     
                        Stage-of-Processing Indexes
                                     
     Within the stage-of-processing system, finished goods are commodities
that will not undergo further processing and are ready for sale to the
final-demand user, either an individual consumer or business firm.
Consumer foods include unprocessed foods such as eggs and fresh vegetables,
as well as processed foods such as bakery products and meats.  Other
finished consumer goods include durable goods such as automobiles,
household furniture, and appliances, as well as nondurable goods such as
apparel and home heating oil.  Capital equipment includes durable goods
such as heavy motor trucks, tractors, and machine tools.

     The stage-of-processing category for intermediate materials, supplies,
and components consists partly of commodities that have been processed but
require further processing.  Examples of such semifinished goods include
flour, cotton yarn, steel mill products, and lumber.  The intermediate
goods category also encompasses nondurable, physically complete items
purchased by business firms as inputs for their operations.  Examples
include diesel fuel, belts and belting, paper boxes, and fertilizers.

     Crude materials for further processing are products entering the
market for the first time that have not been manufactured or fabricated and
that are not sold directly to consumers.  Crude foodstuffs and feedstuffs
include items such as grains and livestock.  Examples of crude nonfood
materials include raw cotton, crude petroleum, coal, hides and skins, and
iron and steel scrap.
                                     
                             Commodity Indexes

     The commodity classification structure of the PPI organizes products
by similarity of end use or material composition, disregarding industry of
origin.  Fifteen major commodity groupings (two-digit commodity codes) make
up the All Commodities Index. Each major commodity grouping includes (in
descending order of aggregation) subgroups (three-digit codes), product
classes (four-digit codes), subproduct classes (six-digit codes), and
individual items (eight-digit codes).  Nearly all eight-digit commodities
under the traditional commodity coding system are now derived from
corresponding industry-classified product indexes.  In such instances,
movements in the traditional commodity price indexes and corresponding
percent changes will be virtually identical to their industry-based
counterparts, even if their index levels differ.
                                     
                     Industry Net-Output Price Indexes
                                     
     PPIs for the net output of industries and their products are grouped
according to the North American Industry Classification System (NAICS).
Prior to the release of January 2004, industry-based PPIs were published
according to the Standard Industrial Classification (SIC) system.  Industry
price indexes are compatible with other economic time series organized by
industry, such as data on employment, wages, and productivity.  Table 5 of
the PPI Detailed Report includes data for NAICS industries and industry
groups (3-, 4-, 5-, and 6-digit codes); Census product classes (7- and 8-
digit codes), products (9-digit codes), and more detailed subproducts (11-
digit codes); and, for some industries, indexes for other sources of
revenue.

     Indexes may represent one of three kinds of product categories.  Every
industry has primary product indexes to show changes in prices received by
establishments classified in the industry for products made primarily, but
not necessarily exclusively, by that industry.  The industry classification
of an establishment is determined by which products make up a plurality of
its total shipment value.  In addition, most industries have secondary
product indexes that show changes in prices received by establishments
classified in the industry for products chiefly made in some other
industry.  Finally, some industries have miscellaneous receipts indexes to
show price changes in other sources of revenue received by establishments
within the industry that are not derived from sales of their products-for
example, resales of purchased materials, or revenues from parking lots
owned by a manufacturing plant.
                                     
                              Data Collection
                                     
     PPIs are based on selling prices reported by establishments of all
sizes selected by probability sampling, with the probability of selection
proportionate to size.  Individual items and transaction terms from these
firms also are chosen by probability proportionate to size.  BLS strongly
encourages cooperating companies to supply actual transaction prices at the
time of shipment to minimize the use of list prices.  Prices submitted by
survey respondents are effective on the Tuesday of the week containing the
13th day of the month.  This survey is conducted primarily through the
mail.

     Price data are provided on a voluntary and confidential basis; only
sworn BLS employees are allowed access to individual company price reports.
BLS publishes price indexes instead of actual prices.  All PPIs are subject
to revision 4 months after original publication to reflect the availability
of late reports and corrections by respondents.

     BLS periodically updates the PPI sample of survey respondents to
better reflect current conditions when the structure, membership,
technology, or product mix of an industry shifts significantly and to
spread reporting burden among smaller firms.  Results of these resampling
efforts are incorporated into the PPI with the release of data for January
and July.

     As part of an ongoing effort to expand coverage to sectors of the
economy other than mining and manufacturing, an increasing number of
service sector industries have been introduced into the PPI.  The following
list of recently introduced industries includes the month and year in which
an article describing the industry's content appeared in the PPI Detailed
Report.

                                                                      PPI
                                                                      Detailed
                                                                      Report
              Title                                           Code    Issue

                                                              SIC             
Wireless telecommunications...................................4812    July 1999
Telephone communications, except radio telephone..............4813    July 1995
Television broadcasting.......................................4833    July 2002
Grocery stores................................................5411    July 2000
Meat and fish (seafood) markets...............................5421    July 2000
Fruit and vegetable markets...................................5431    July 2000
Candy, nut, and confectionery stores..........................5441    July 2000
Retail bakeries...............................................5461    July 2000
Miscellaneous food stores.....................................5499    July 2000
New car dealers...............................................5511    July 2000
Gasoline service stations.....................................5541    January 2002
Boat dealers..................................................5551    January 2002
Recreational vehicle dealers..................................5561    January 2002
Miscellaneous retail..........................................59      January 2001
Security brokers, dealers, and investment bankers.............6211    January 2001
Investment advice.............................................6282    January 2003
Life insurance carriers.......................................6311    January 1999
Property and casualty insurance...............................6331    July 1998
Insurance agencies and brokerages.............................6412    January 2003
Operators and lessors of nonresidential buildings.............6512    January 1996
Real estate agents and managers...............................6531    January 1996
Prepackaged software..........................................7372    January 1998
Data processing services......................................7374    January 2002
Home health care services.....................................8082    January 1997
Legal services................................................8111    January 1997
Engineering design, analysis, and consulting services.........8711    January 1997
Architectural design, analysis, and consulting services.......8712    January 1997
Premiums for property and casualty insurance..................9331    July 1998
                                                         
                                                              NAICS            
New industrial building construction..........................236211  January 2008
New warehouse building construction...........................236221  July 2005
New school construction.......................................236222  July 2006
New office construction.......................................236223  January 2007
Merchant wholesalers, durable goods...........................423     July 2005
Merchant wholesalers, nondurable goods........................424     July 2005
Wholesale trade agents and brokers............................425120  July 2005
Furniture and home furnishings stores.........................442     January 2004
Electronics and appliance stores..............................443     January 2004
Building  material and garden equipment and supplies dealers..444     January 2004
Clothing and clothing accessories stores......................448     January 2004
Sporting goods, hobby, book, and music stores.................451     January 2004
General merchandise stores....................................452     January 2004
Miscellaneous store retailers.................................453     January 2004
Internet service providers....................................518111  July 2005
Web search portals............................................518112  July 2005
Commercial banking............................................522110  January 2005
Savings institutions..........................................522120  January 2005
Direct health and medical insurance carriers..................524114  July 2004
Construction, mining, and forestry machinery and equipment 
rental and leasing............................................532412  January 2005
Management consulting services................................541610  January 2007
Security guards and patrol services...........................561612  July 2005
Computer training.............................................611420  July 2007
Blood and organ banks.........................................621991  January 2007
Amusement and theme parks.....................................713110  July 2006
Golf courses and country clubs................................713910  July 2006
Fitness and recreational sports centers.......................713940  July 2005
Commercial machinery repair and maintenance...................811310  July 2007
                                     
                                  Weights

     Weights for most traditional commodity groupings of the PPI, as well
as weights for commodity-based aggregate indexes calculated using traditional 
commodity groupings, such as stage-of-processing indexes, currently reflect
2002 values of shipments as reported in the Census of Manufactures and 
other sources. From January 2002 through December 2006, PPI weights were 
derived from 1997 shipment values.  Industry indexes now are calculated 
with 2002 weights and 1997 net output ratios.  This periodic update of
the value weights used to calculate the PPI is done to more accurately
reflect changes in production and marketing patterns in the economy.  Net
output values of shipments are used as weights for industry indexes.  Net
output values refer to the value of shipments from establishments within
the industry to buyers outside the industry.  However, weights for
commodity price indexes are based on gross shipment values, including
values of shipments between establishments within the same industry.  As a
result, broad commodity grouping indexes, such as the PPI for All
Commodities, are affected by the multiple counting of price change at
successive stages of processing, which can lead to exaggerated or
misleading signals about inflation.  Stage-of-processing indexes partially
correct for this defect, but industry indexes consistently correct for this
at all levels of aggregation.  Therefore, industry and stage-of-processing
indexes are more appropriate than broad commodity groupings for economic
analysis of general price trends.
     
                        Price Index Reference Base
                                     
     Effective with publication of January 1988 data, many important PPI
series (including stage-of-processing groupings and most commodity groups
and individual items) were placed on a new reference base, 1982 = 100.
From 1971 through 1987, the standard reference base for most PPI series was
1967 = 100.  Except for rounding differences, the shift to the new
reference base did not alter any previously published percent changes for
affected PPI series.  (See "Calculating Index Changes," below.)  The 1982
reference base is not used for commodity indexes with a base later than
December 1981 or for industry net output indexes and their products.

     For further information on the underlying concepts and methodology of
the Producer Price Index, see chapter 14, "Producer Prices," in BLS
Handbook of Methods (April  1997), Bulletin 2490.  This document can be
downloaded from the BLS Web site at (www.bls.gov/opub/hom/homch14_itc.htm).
Reprints are available on request.

                         Calculating Index Changes
                                     
     Each PPI measures price changes from a reference period that equals
100.0.  An increase of 5.5 percent from the reference period in the
Finished Goods Price Index, for example, is shown as 105.5.  This change
also can be expressed in dollars, as follows:  prices received by domestic
producers of a sample of finished goods have risen from $100 in 1982 to
$105.50.  Likewise, a current index of 90.0 would indicate that prices
received by producers of finished goods are 10 percent lower than they were
in 1982.

     Movements of price indexes from one month to another are usually
expressed as percent changes, rather than as changes in index points.
Index point changes are affected by the level of the index in relation to
its base period, whereas percent changes are not.  The following example
shows the computation of index point and percent changes.
     
          Index point change
     Finished Goods Price Index        107.5
     Less previous index               104.0
     Equals index point change           3.5

          Index percent change
     Index point change 3.5
     Divided by the previous index     104.0
     Equals                              0.034
     Result multiplied by 100            0.034 x 100
     Equals percent change               3.4


                  Seasonally Adjusted and Unadjusted Data

     Because price data are used for different purposes by different
groups, BLS publishes seasonally adjusted and unadjusted changes each
month.  Seasonally adjusted data are preferred for analyzing general price
trends in the economy because these data eliminate the effect of changes
that normally occur at about the same time, and in about the same
magnitude, every year-such as price movements resulting from normal weather
patterns, regular production and marketing cycles, model changeovers,
seasonal discounts, and holidays.  For these reasons, seasonally adjusted
data more clearly reveal underlying cyclical trends.  Unadjusted data are
of primary interest to users who need information that can be related to
actual dollar values of transactions.  Individuals requiring this
information include marketing specialists, purchasing agents, budget and
cost analysts, contract specialists, and commodity traders.  It is the
unadjusted data that are generally cited when escalating long-term
contracts such as purchasing agreements or real estate leases.  For more
information, see Escalation and Producer Price Indexes: A Guide for
Contracting Parties, BLS Report 807, September 1991, on the Web at
(www.bls.gov/ppi/ppiescalation.htm).  Reprints are available on request.

     In 1998, the PPI implemented the X-12-ARIMA Seasonal Adjustment
Method; prior to that year, the PPI employed the X-11 method.  Each year,
the seasonal status of most commodity indexes is reevaluated to reflect
more recent price behavior.  Industry net output indexes are not seasonally
adjusted.  For time series that exhibit seasonal pricing patterns, new
seasonal factors are estimated and applied to the unadjusted data for the
previous 5 years.  These updated seasonally adjusted indexes replace the
most recent 5 years of seasonal data.

     Seasonal factors may be applied to series using either a direct or an
aggregative method.  Generally, commodity indexes are seasonally adjusted
using direct seasonal adjustment, which produces a more complete
elimination of seasonal movements than does the aggregative method.
However, the direct seasonal adjustment process may not yield figures that
possess additive consistency.  Thus, a seasonally adjusted index for a
broad category that is directly adjusted may not be logically consistent
with all seasonally adjusted indexes for its components.  Seasonal
movements for stage-of-processing indexes are derived indirectly through an
aggregative method that combines movements of a wide variety of subproduct
class (six-digit) series.

     Seasonally adjusted indexes can become problematic when previously
stable and predictable price patterns abruptly change.  If the new pattern
persists, the seasonal adjustment method will eventually reflect it
adequately; if the pattern keeps shifting, however, seasonally adjusted
data will become chronically troublesome.  This problem occurs relatively
infrequently for farm and food-related products, but has more often
affected manufactured products such as automobiles and steel.

     Since January 1988, the PPI has used Intervention Analysis Seasonal
Adjustment methods to enhance the calculation of seasonal factors.  With
this technique, outlier values that may distort the seasonal pattern are
removed from the data prior to applying the standard seasonal factor
estimation procedure.  For example, a possible economic cause for large
price movements for petroleum-based products might have been the Persian
Gulf War.  In this case, intervention techniques allowed for better
estimates of seasonally adjusted data.  On the whole, very few series have
required intervention.  Out of nearly 900 seasonally adjusted series, only
16 were subject to intervention in 1997.

     For more information relating to seasonal adjustment methods, see (1)
"Appendix A: Seasonal Adjustment Methodology at BLS," in the BLS Handbook
of Methods (April 1997), Bulletin 2490 and (2) "Summary of Changes to the
PPI's Seasonal Adjustment Methodology" in the January 1995 issue of
Producer Price Indexes.

                 Producer Price Index Data on the Internet

     In 1995, the BLS began posting PPI series, news releases, and
technical information to both a World Wide Web (WWW) site and a file
transfer protocol (FTP) site.  During the years following the introduction
of PPI Internet services, use of these sites eclipsed more traditional
methods of data dissemination, such as subscriptions to the PPI Detailed
Report.  There were more than 1.6 million instances of PPI series being
downloaded from the Internet during the 12 months ended December 31, 2003.

                 Retrieving PPI data from the PPI Web site
                                     
     PPI data can be obtained from the WWW address (www.bls.gov/ppi).
Scrolling down the page to the "Get Detailed PPI Statistics" header reveals
the following methods of data retrieval:
     
     Most Requested Series is a form-based application that allows the user
to quickly obtain PPI time series data by selecting from two separate lists
(commodity and industry) of the most commonly requested time series,
including the All Commodities Index and the stage-of-processing indexes
(for example, Finished Goods).  Within each list, any one-or all-of the
time series shown can be selected.  A user can modify the date range and
output options after executing the query, using the reformat button above
the data output table.

     Create Customized Tables is a form-based query application designed
for users unfamiliar with the PPI coding structure.  The application guides
a user through the PPI classification system by listing index titles and
does not require knowledge of commodity or industry codes.  Data retrieved
are based on a query formulated by selecting data characteristics from
lists provided.  Two options are available to create customized tables,
depending on a user's browser capability.  The one-screen option is a
JavaScript application that uses a single screen to guide a user through
the available time series data.  The second option is a multiple-screen,
non-Java-based application.  Both methods allow a user to browse the PPI
coding structure and select multiple series codes.  Using the one-screen
option, users can modify the date range and output options after executing
the query using the reformat button above the data output table.

     Series Report is a form-based application that uses formatted PPI time
series identifiers (commodity or industry codes) as input in extracting
data according to a specified set of date ranges and output options.  This
application provides the most efficient path for users who are familiar
with the format of PPI time series identifiers.  Up to 300 indexes can be
extracted at a time.

     There are five alphabetic prefixes used to create unique PPI time
series identifiers:  WP, WD, PC, PD, and ND.  Each provides the user access
to a different PPI database.  Adding either a "u" (not seasonally adjusted)
or an "s" (seasonally adjusted) to the end of these prefixes further
specifies the type of data needed.

     For commodity and stage-of-processing indexes, series identifiers
combine a "wpu" prefix (not seasonally adjusted) or a "wps" prefix
(seasonally adjusted) with a commodity code.
  
Commodity code            Provides data for:
wps141101                 Passenger cars, seasonally adjusted
wpu141101                 Passenger cars, not seasonally adjusted
wpusop3000                Finished goods, not seasonally adjusted
     
     For discontinued commodity indexes, series identifiers combine a "wdu"
prefix (not seasonally adjusted) or a "wds" prefix (seasonally adjusted)
with a commodity code.
     
Commodity code            Provides data for:
wds019                    Other farm products, seasonally adjusted
wdu0635                   Preparations, ethical (prescription), not seasonally
                          adjusted
wdusi138011               Stainless steel mill products, not seasonally adjusted
     
     Current price indexes for products grouped by industry according to
NAICS have series identifiers that begin with the prefix "pcu." After the
prefix, there are 12 digits (the 6-digit industry code is listed twice)
followed by up to 7 alphanumeric characters identifying product detail.
Dashes are used as placeholders for higher-level industry group codes.

Industry-product code,
current NAICS series       Provides data for:
pcu325---325---            Chemical manufacturing, not seasonally
                           adjusted
pcu336110336110            Automobile and light duty motor vehicle
                           manufacturing
pcu621111621111411         Offices of physicians, one- and two-physician practices and
                           single-specialty group practices, general/family practice
pcu325412325412A           Pharmaceutical preparation manufacturing, pharmaceuticals 
                           acting on the respiratory system                    
  
     Discontinued industry-product codes based on SIC combine a "pdu"
prefix and "#" between the fourth and fifth characters of the product code.
Series identifiers for the discontinued dataset use underscores as
placeholders to complete a reference to an SIC industry group code of fewer
than four digits.  (All PPI industry-based indexes organized by SIC were
discontinued with the introduction of NAICS.)
  
Industry-product code,
discontinued SIC series    Provides data for:
pdu28__#                   Chemicals and allied products, not seasonally adjusted
pdu331_#                   Blast furnaces, steel works, and rolling and
                           finishing mills, not seasonally adjusted
pdu3711#111                Passenger cars
  
     Price indexes for discontinued series grouped by industry according to
NAICS have series identifiers that begin with the prefix "ndu." After the
prefix, there are 12 numeric digits (the 6-digit industry code is listed
twice), and up to 7 additional alphanumeric characters that identify
product detail.  Dashes are used as placeholders for higher-level industry
group codes.
  
Industry-product code,
discontinued NAICS series  Provides data for:
ndu212231212231            Lead ore and zinc ore mining
ndu2122312122312           Lead and zinc concentrates
ndu212231212231214         Lead concentrates

     Flat Files and the FTP server are best suited for users requiring
access to either a large volume of time series data or other PPI-related
documentation (such as seasonal factor and relative importance tables).
The FTP site can be accessed at ftp://ftp.bls.gov or directly from the
links on the "Get Detailed Statistics" page or the PPI homepage.  Data and
documentation available for download include the following:

                                      Directory:
NAICS series, current                 /pub/time.series/pc
NAICS series, discontinued            /pub/time.series/nd
SIC series, discontinued              /pub/time.series/pd
Commodity series, current             /pub/time.series/wp
Commodity series, discontinued        /pub/time.series/wd
Special requests                      /pub/special.requests/ppi
Latest news release                   /pub/news.release/ppi.txt

     The FTP site maintains files to help with searches and downloads.
These files are centrally located in the /pub/doc directory.  Within this
directory, the overview.txt file contains an overview relating to all BLS
data available through the FTP site.  For current commodity-based PPI data,
the program help file is wp.txt; for discontinued commodity series, wd.txt;
for current industry-based PPI data based on NAICS, pc.txt; for industry-
based SIC time series that have been discontinued, pd.txt; and for industry-
based NAICS series that have been discontinued, nd.txt.
      
     Users who prefer downloading PPI datasets as individual ZIP files
should go to the directory labeled /pub/time.series/compressed/tape.format/
on the FTP site.  This directory includes six PPI-specific ZIP files, one
for each of the PPI databases-WP, WD, PC, ND, and PD-and a ZIP file for the
annual 5-year revision to historical seasonal PPIs.
                                     
                         Other Sources of PPI Data

     PPI data can also be accessed via the BLS homepage (www.bls.gov).
Clicking on the "Get Detailed Statistics" link at the top of the homepage
calls up a chart listing all available BLS programs.  The following methods
are available for retrieving PPI data:  Most requested statistics, create
customized tables (one screen or multiple screens), and flat files.
Additional sources of BLS data also are accessible from this page,
including economic news releases, series report, and economy at a glance.

                          Additional information

     The PPI homepage (www.bls.gov/ppi) contains additional information
regarding PPI data and methodology.  The top section of the homepage
provides PPI news releases, both current and archived, as well as general
PPI information.  The "Tables Created by BLS" section found beneath the
statistics section provides relative importance and seasonal factor tables.
The remaining sections offer special notices and publications pertaining to
PPI methodology and applications.
     
     For questions or comments regarding PPI data classification,
methodology, or data availability on the Internet, call or e-mail the
Section of Index Analysis and Public Information at (202) 691-7705 or ppi-
info@bls.gov.



Table 1. Producer price indexes and percent changes by stage of processing 1982=100
Grouping Relative
importance
Dec.
2007(1)
Unadjusted index Unadjusted
percent
change to
June 2008 from:
Seasonally adjusted
percent change from:
Feb.
2008(2)
May
2008(2)
June
2008(2)
June
2007
May
2008
Mar. to
Apr.
Apr. to
May
May to
June

Finished goods

100.000 172.3 179.6 182.5 9.2 1.6 0.2 1.4 1.8

Finished consumer goods

78.284 180.4 190.1 193.9 11.2 2.0 0.1 1.8 2.3

Finished consumer foods

21.296 173.6 177.7 180.1 8.3 1.4 0.0 0.8 1.5

Crude

2.258 180.6 172.3 182.8 23.9 6.1 -3.9 -4.6 8.1

Processed

19.038 173.0 178.2 179.8 6.8 0.9 0.5 1.3 0.9

Finished consumer goods, excluding foods

56.988 182.7 194.7 199.1 12.4 2.3 0.2 2.2 2.6

Nondurable goods less foods

42.845 201.4 219.6 226.5 16.5 3.1 0.1 3.1 3.4

Durable goods

14.143 140.2 140.1 139.8 1.5 -0.2 0.5 -0.4 0.3

Capital equipment

21.716 151.8 152.5 152.7 2.5 0.1 0.4 0.1 0.3

Manufacturing industries

5.508 155.1 156.6 156.9 3.0 0.2 0.6 0.1 0.3

Nonmanufacturing industries

16.208 150.6 151.0 151.1 2.2 0.1 0.3 0.1 0.3

Intermediate materials, supplies, and components

100.000 179.1 192.6 196.9 14.5 2.2 0.9 2.9 2.1

Materials and components for manufacturing

41.867 170.1 178.8 181.6 11.0 1.6 1.2 2.4 1.6

Materials for food manufacturing

2.911 176.7 182.8 185.7 13.9 1.6 -0.3 1.3 1.6

Materials for nondurable manufacturing

15.185 201.5 214.4 220.1 19.0 2.7 1.7 3.2 2.7

Materials for durable manufacturing

8.624 193.1 212.8 216.3 11.0 1.6 1.9 4.5 1.7

Components for manufacturing

15.147 137.8 139.3 139.9 2.7 0.4 0.4 0.4 0.4

Materials and components for construction

13.389 195.7 203.4 206.3 6.8 1.4 1.0 2.1 1.5

Processed fuels and lubricants

22.403 189.0 227.2 238.6 34.0 5.0 0.8 6.4 4.7

Manufacturing industries

5.999 184.4 213.7 223.4 25.6 4.5 -0.1 5.0 3.0

Nonmanufacturing industries

16.404 191.4 233.3 245.4 37.2 5.2 1.1 6.9 5.3

Containers

2.923 185.7 188.0 188.5 4.9 0.3 0.6 0.5 0.3

Supplies

19.418 168.1 172.9 174.3 8.0 0.8 0.6 1.3 0.9

Manufacturing industries

3.911 166.9 168.6 169.8 4.4 0.7 0.5 0.1 0.7

Nonmanufacturing industries

15.507 167.1 172.5 174.0 9.0 0.9 0.7 1.7 0.9

Feeds

1.081 170.2 187.2 187.3 38.5 0.1 -1.4 5.2 0.1

Other supplies

14.426 167.9 172.0 173.7 6.5 1.0 0.8 0.9 1.0

Crude materials for further processing

100.000 245.5 294.4 305.2 45.5 3.7 3.2 6.7 3.7

Foodstuffs and feedstuffs

32.756 165.4 172.7 178.9 20.6 3.6 -0.9 1.8 3.5

Nonfood materials

67.244 299.9 385.4 399.6 60.1 3.7 5.0 10.2 3.7

Nonfood materials except fuel(3)

40.982 295.6 373.9 382.1 67.9 2.2 5.7 7.7 2.3

Manufacturing(3)

40.533 275.1 348.8 356.5 68.9 2.2 5.8 7.8 2.3

Construction

0.449 197.9 197.1 198.2 -2.7 0.6 -1.0 0.0 0.8

Crude fuel(4)

26.262 283.5 374.6 398.0 52.8 6.2 3.8 15.3 6.3

Manufacturing industries

2.338 268.6 353.0 375.7 52.3 6.4 3.8 15.0 6.5

Nonmanufacturing industries

23.924 290.1 383.4 407.3 52.9 6.2 3.8 15.4 6.3

Special groupings

Finished goods, excluding foods

(5)78.704 171.7 179.8 182.8 9.4 1.7 0.2 1.5 1.9

Intermediate materials less foods and feeds

(6)96.008 179.4 193.1 197.4 14.2 2.2 1.0 2.9 2.2

Intermediate foods and feeds

(6)3.992 175.0 184.8 186.8 20.9 1.1 -0.6 3.2 1.0

Crude materials less agricultural products(3)(7)

(8)66.545 308.1 397.4 412.3 60.7 3.7 5.0 10.6 3.9

Finished energy goods

(5)21.654 167.2 193.8 204.3 27.0 5.4 -0.2 4.9 6.0

Finished goods less energy

(5)78.346 167.0 168.8 169.5 4.4 0.4 0.3 0.4 0.6

Finished consumer goods less energy

(5)56.630 173.7 176.0 177.0 5.2 0.6 0.3 0.5 0.7

Finished goods less foods and energy

(5)57.050 165.0 166.1 166.2 3.0 0.1 0.4 0.2 0.2

Finished consumer goods less foods and energy

(5)35.334 174.0 175.3 175.4 3.4 0.1 0.4 0.3 0.3

Consumer nondurable goods less foods and energy

(5)21.191 203.0 205.9 206.4 4.9 0.2 0.3 0.9 0.3

Intermediate energy goods

(6)23.306 191.5 228.6 240.5 34.2 5.2 0.5 6.2 5.0

Intermediate materials less energy

(6)76.694 173.7 181.1 183.4 9.1 1.3 1.1 2.1 1.2

Intermediate materials less foods and energy

(6)72.702 173.7 181.0 183.2 8.4 1.2 1.2 2.0 1.3

Crude energy materials(3)

(8)50.873 291.7 389.0 409.7 72.1 5.3 4.1 13.1 5.4

Crude materials less energy

(8)49.032 205.9 224.4 229.1 24.8 2.1 2.1 3.1 2.1

Crude nonfood materials less energy(4)

(8)16.371 319.7 376.2 374.5 33.0 -0.5 7.9 5.0 -0.2

Footnotes
(1) Comprehensive relative importance figures are initially computed after the publication of December indexes and are recalculated after final December indexes are available.
(2) The indexes for February 2008 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject revision 4 months after original publication.
(3) Includes crude petroleum.
(4) Excludes crude petroleum.
(5) Percent of total finished goods.
(6) Percent of total intermediate materials.
(7) Formerly titled "Crude materials for further processing, excluding crude foodstuffs and feedstuffs, plant and animal fibers, oilseeds, and leaf tobacco."
(8) Percent of total crude materials.


Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing 1982=100, unless otherwise indicated
Grouping Commodity
code
Unadjusted index Unadjusted
percent change to
June 2008 from:
Seasonally adjusted percent
change from:
Feb.
2008(1)
May
2008(1)
June
2008(1)
June
2007
May
2008
Mar. to
Apr.
Apr. to
May
May to
June

Finished goods

172.3 179.6 182.5 9.2 1.6 0.2 1.4 1.8

Finished consumer goods

180.4 190.1 193.9 11.2 2.0 0.1 1.8 2.3

Finished consumer foods

173.6 177.7 180.1 8.3 1.4 0.0 0.8 1.5

Fresh fruits and melons(2)

01-11

135.9 133.7 131.0 10.5 -2.0 -0.9 5.9 -2.0

Fresh and dry vegetables(2)

01-13

161.3 160.9 184.5 34.0 14.7 -4.1 -9.0 14.7

Eggs for fresh use (Dec 1991=100)

01-71-07

187.1 124.8 144.0 52.4 15.4 -12.3 -4.1 11.6

Bakery products(2)

02-11

230.1 234.0 236.9 10.1 1.2 1.1 0.1 1.2

Milled rice(2)

02-13

187.1 278.4 294.8 93.6 5.9 17.4 15.3 5.9

Pasta products (June 1985=100)(2)

02-14-02

175.2 185.7 185.0 37.3 -0.4 0.8 4.9 -0.4

Beef and veal(2)

02-21-01

145.5 152.9 156.1 1.5 2.1 -1.7 2.5 2.1

Pork

02-21-04

121.2 136.6 133.5 -7.5 -2.3 1.1 8.0 -2.4

Processed young chickens

02-22-03

138.4 144.9 147.7 3.0 1.9 1.1 -0.5 1.5

Processed turkeys

02-22-06

111.1 122.1 125.4 12.7 2.7 1.8 1.5 1.5

Finfish and shellfish

02-23

255.0 261.2 245.0 5.8 -6.2 1.1 -1.5 -6.0

Dairy products(2)

02-3

183.2 180.8 187.1 4.3 3.5 0.4 -0.6 3.5

Processed fruits and vegetables

02-4

161.6 165.3 166.0 5.3 0.4 0.9 1.0 0.4

Confectionery end products(2)

02-55

211.0 217.3 217.0 4.5 -0.1 1.2 1.8 -0.1

Soft drinks(2)

02-62

171.9 174.1 172.2 3.9 -1.1 0.3 1.1 -1.1

Roasted coffee(2)

02-63-01

175.3 178.1 178.7 10.0 0.3 -3.5 -0.3 0.3

Shortening and cooking oils(2)

02-78

272.6 318.3 324.0 57.4 1.8 3.3 6.6 1.8

Finished consumer goods excluding foods

182.7 194.7 199.1 12.4 2.3 0.2 2.2 2.6

Alcoholic beverages

02-61

165.3 166.2 166.4 4.0 0.1 1.0 0.2 0.1

Pet food(2)

02-94-02

195.6 202.2 214.4 17.4 6.0 1.5 0.3 6.0

Women's, girls', & infants' apparel (Dec 2003=100)(2)

03-81-06

100.6 101.0 100.6 -0.2 -0.4 0.1 -0.2 -0.4

Men's and boys' apparel (Dec 2003=100)(2)

03-81-07

99.0 99.5 99.6 1.1 0.1 0.0 0.4 0.1

Textile housefurnishings(2)

03-82

126.2 126.5 126.2 1.0 -0.2 -0.1 0.2 -0.2

Footwear(2)

04-3

155.2 155.7 157.6 3.9 1.2 -0.1 0.2 1.2

Residential electric power (Dec 1990=100)

05-41

140.0 143.6 148.8 4.7 3.6 1.2 0.6 0.8

Residential gas (Dec 1990=100)

05-51

229.4 254.1 268.1 17.6 5.5 5.4 3.8 6.6

Gasoline

05-71

243.7 317.0 334.2 39.7 5.4 -4.6 9.3 9.0

Home heating oil and distillates

05-73-02-01

268.6 360.8 394.3 83.6 9.3 2.2 8.0 12.4

Pharmaceutical preparations (June 2001=100)(2)

06-38

135.7 137.1 137.0 6.4 -0.1 0.7 0.2 -0.1

Soaps and synthetic detergents(2)

06-71

149.9 151.2 152.2 5.3 0.7 0.6 -0.3 0.7

Cosmetics and other toilet preparations(2)

06-75

148.0 147.7 147.8 0.1 0.1 0.3 0.2 0.1

Tires, tubes, tread, etc(2)

07-12

123.0 124.8 127.3 7.8 2.0 -0.1 -0.2 2.0

Sanitary paper products(2)

09-15-01

166.7 167.9 168.1 3.5 0.1 0.4 0.1 0.1

Newspaper circulation

09-31-01

246.9 248.0 247.7 1.9 -0.1 0.2 0.3 0.0

Periodical circulation (June 2007=100)(2)

09-32-04

101.5 100.9 101.1 1.1 0.2 - - -

Book publishing(2)

09-33

293.5 295.4 297.8 4.7 0.8 -0.3 -0.1 0.8

Household furniture(2)

12-1

176.1 180.1 181.3 3.6 0.7 0.9 0.8 0.7

Floor coverings(2)

12-3

157.9 158.5 158.2 1.2 -0.2 0.0 -0.4 -0.2

Household appliances(2)

12-4

105.9 106.1 106.0 0.8 -0.1 0.4 -0.2 -0.1

Home electronic equipment(2)

12-5

56.7 56.7 57.2 -3.5 0.9 -0.2 0.0 0.9

Household glassware(2)

12-62

187.1 187.8 - - - 1.5 0.0 -

Household flatware(2)

12-64

204.6 - 197.2 5.6 - - - -

Lawn and garden equip, ex tractors(2)

12-66

139.9 139.6 139.9 2.6 0.2 -0.3 0.0 0.2

Passenger cars

14-11-01

128.3 126.0 127.6 1.8 1.3 0.4 -1.0 2.2

Toys, games, and children's vehicles(2)

15-11

132.2 133.5 134.7 2.6 0.9 2.1 -0.5 0.9

Sporting and athletic goods(2)

15-12

128.1 129.0 129.2 -0.1 0.2 -1.2 -1.1 0.2

Tobacco products(2)

15-2

499.7 511.6 511.6 4.9 0.0 0.1 2.2 0.0

Mobile homes(2)

15-5

213.1 217.0 219.7 4.0 1.2 0.5 1.3 1.2

Jewelry, platinum, & karat gold(2)

15-94-02

164.9 164.6 164.8 8.5 0.1 -1.1 -1.5 0.1

Costume jewelry and novelties(2)

15-94-04

158.1 160.0 160.1 2.2 0.1 -0.9 0.6 0.1

Capital equipment

151.8 152.5 152.7 2.5 0.1 0.4 0.1 0.3

Agricultural machinery and equipment(2)

11-1

187.9 191.8 192.3 4.5 0.3 0.0 1.5 0.3

Construction machinery and equipment

11-2

182.5 183.4 184.4 2.7 0.5 0.1 0.2 0.6

Metal cutting machine tools(2)

11-37

167.8 169.2 170.2 2.8 0.6 0.9 -0.1 0.6

Metal forming machine tools(2)

11-38

187.1 190.5 192.7 5.0 1.2 1.9 -0.4 1.2

Tools, dies, jigs, fixtures, and ind. molds(2)

11-39

144.1 145.0 145.0 0.8 0.0 0.5 0.1 0.0

Pumps, compressors, and equipment(2)

11-41

201.7 203.5 205.1 5.0 0.8 0.2 0.0 0.8

Industrial material handling equipment(2)

11-44

166.8 169.6 171.4 6.3 1.1 0.8 0.5 1.1

Electronic computers (Dec 2004=100)(2)

11-51

43.4 41.4 41.3 -20.4 -0.2 -0.5 -1.9 -0.2

Textile machinery(2)

11-62

163.2 164.2 167.3 3.0 1.9 0.3 0.1 1.9

Paper industries machinery (June 1982=100)(2)

11-64

184.9 187.8 187.8 2.7 0.0 0.1 0.9 0.0

Printing trades machinery(2)

11-65

151.6 153.0 152.6 1.5 -0.3 0.0 0.9 -0.3

Transformers and power regulators(2)

11-74

205.5 216.8 220.4 13.1 1.7 0.2 1.5 1.7

Communication & related equip (Dec 1985=100)(2)

11-76

104.6 104.9 104.7 1.5 -0.2 -0.4 0.4 -0.2

X-ray and electromedical equipment(2)

11-79-05

91.5 91.4 91.0 -2.2 -0.4 -0.1 0.0 -0.4

Oil field and gas field machinery

11-91

191.3 199.4 202.8 10.0 1.7 -0.6 0.7 1.9

Mining machinery and equipment(2)

11-92

198.6 201.6 208.0 9.1 3.2 1.1 0.6 3.2

Office and store machines and equipment(2)

11-93

116.2 119.7 121.1 5.2 1.2 0.1 1.9 1.2

Commercial furniture(2)

12-2

184.2 186.7 188.7 4.0 1.1 1.8 0.1 1.1

Light motor trucks

14-11-05

147.9 145.6 141.0 -1.8 -3.2 1.3 -0.9 -1.8

Heavy motor trucks(2)

14-11-06

180.6 181.2 181.0 1.5 -0.1 0.1 0.8 -0.1

Truck trailers(2)

14-14

171.7 175.7 178.1 5.0 1.4 0.1 1.2 1.4

Civilian aircraft (Dec 1985=100)

14-21-02

224.6 226.9 228.3 4.6 0.6 0.1 1.1 0.4

Ships (Dec 1985=100)(2)

14-31

196.3 196.3 197.1 3.0 0.4 -1.2 -0.1 0.4

Railroad equipment(2)

14-4

178.2 177.7 183.8 4.2 3.4 0.3 0.6 3.4

Intermediate materials, supplies, and components

179.1 192.6 196.9 14.5 2.2 0.9 2.9 2.1

Intermediate foods and feeds

175.0 184.8 186.8 20.9 1.1 -0.6 3.2 1.0

Flour(2)

02-12-03

285.6 253.3 251.4 51.6 -0.8 -10.5 -6.7 -0.8

Refined sugar and byproducts(2)

02-53

126.7 128.9 132.5 1.4 2.8 0.2 2.2 2.8

Confectionery materials

02-54

174.1 175.5 176.8 15.3 0.7 -1.9 3.8 1.1

Soft drink beverage bases (Dec 1985=100)(2)

02-64-01-11

204.0 207.0 209.3 6.3 1.1 2.0 -2.1 1.1

Processed eggs(2)

02-83

170.9 201.6 200.9 48.5 -0.3 2.5 -0.8 -0.3

Prepared animal feeds(2)

02-9

170.3 185.2 187.2 33.4 1.1 -0.9 4.8 1.1

Intermediate materials less foods and feeds

179.4 193.1 197.4 14.2 2.2 1.0 2.9 2.2

Synthetic fibers(2)

03-1

114.1 115.6 115.5 0.6 -0.1 0.5 0.7 -0.1

Processed yarns and threads(2)

03-2

120.8 124.1 123.9 6.5 -0.2 1.6 0.4 -0.2

Gray fabrics(2)

03-3

122.1 122.5 122.3 1.8 -0.2 0.1 0.2 -0.2

Finished fabrics(2)

03-4

130.4 132.1 132.3 3.4 0.2 0.2 1.3 0.2

Industrial textile products(2)

03-83-03

141.2 142.3 143.1 3.0 0.6 -0.3 0.0 0.6

Leather(2)

04-2

236.2 234.0 237.4 3.9 1.5 -0.7 -0.5 1.5

Liquefied petroleum gas(2)

05-32

383.2 423.1 466.2 56.5 10.2 3.5 5.7 10.2

Commercial electric power

05-42

163.6 172.1 179.1 4.0 4.1 0.9 2.4 -1.1

Industrial electric power

05-43

180.0 190.8 196.1 5.0 2.8 1.1 1.6 -2.2

Commercial natural gas (Dec 1990=100)

05-52

242.4 273.5 289.5 20.1 5.9 5.4 6.0 6.9

Industrial natural gas (Dec 1990=100)

05-53

254.5 297.6 313.8 23.7 5.4 5.0 8.8 7.4

Natural gas to electric utilities (Dec 1990=100)

05-54

192.8 227.1 232.9 16.2 2.6 4.5 12.7 4.2

Jet fuels

05-72-03

257.9 353.9 374.8 85.7 5.9 6.8 6.9 8.5

No 2 Diesel fuel

05-73-03

287.5 398.2 421.0 85.0 5.7 -0.9 11.2 6.7

Residual fuels(2)

05-74

205.2 247.7 260.2 46.2 5.0 -5.7 8.4 5.0

Basic inorganic chemicals(2)

06-13

208.0 258.5 264.0 41.6 2.1 13.7 7.9 2.1

Basic organic chemicals(2)

06-14

262.5 286.2 293.7 24.0 2.6 3.1 4.6 2.6

Prepared paint

06-21

216.4 217.6 217.9 4.0 0.1 0.9 0.3 0.3

Paint materials(2)

06-22

217.7 227.0 217.9 4.3 -4.0 0.1 1.3 -4.0

Medicinal and botanical chemicals(2)

06-31

141.7 141.5 141.5 -0.1 0.0 0.1 0.2 0.0

Fats and oils, inedible(2)

06-4

274.9 320.9 328.8 71.1 2.5 1.6 1.5 2.5

Mixed fertilizers

06-51

189.5 227.7 244.3 49.3 7.3 7.0 6.9 8.2

Nitrogenates

06-52-01

291.0 317.4 352.2 49.4 11.0 2.1 7.1 13.2

Phosphates(2)

06-52-02

242.5 326.6 409.4 117.7 25.4 11.1 5.4 25.4

Other agricultural chemicals(2)

06-53

162.5 167.2 169.4 7.8 1.3 1.9 2.0 1.3

Plastic resins and materials(2)

06-6

209.6 218.3 219.9 11.7 0.7 0.9 2.5 0.7

Synthetic rubber(2)

07-11-02

177.6 191.2 200.1 17.9 4.7 2.5 4.1 4.7

Plastic construction products(2)

07-21

180.8 183.0 184.4 2.8 0.8 -0.1 1.4 0.8

Unsupported plastic film, sheet, & other shapes(2)

07-22

186.2 189.2 190.0 9.6 0.4 0.7 1.9 0.4

Plastic parts and components for manufacturing(2)

07-26

131.1 130.0 130.6 1.1 0.5 -0.8 0.0 0.5

Softwood lumber(2)

08-11

151.3 164.5 167.4 -4.0 1.8 1.3 7.1 1.8

Hardwood lumber(2)

08-12

189.0 186.2 185.7 -3.7 -0.3 -0.8 -0.4 -0.3

Millwork

08-2

203.3 204.7 204.8 1.6 0.0 0.1 0.5 0.0

Plywood(2)

08-3

173.0 178.4 179.7 -0.1 0.7 0.1 2.4 0.7

Treated wood

08-71-01

160.5 172.8 177.8 6.8 2.9 -1.1 7.3 3.7

Woodpulp(2)

09-11

171.6 171.9 171.7 6.6 -0.1 0.9 0.1 -0.1

Paper(2)

09-13

177.1 182.0 182.8 9.3 0.4 0.7 1.2 0.4

Paperboard(2)

09-14

209.8 209.7 210.1 5.7 0.2 -0.1 0.1 0.2

Paper boxes and containers(2)

09-15-03

202.6 203.2 203.9 3.6 0.3 0.2 0.2 0.3

Building paper and board(2)

09-2

152.0 166.6 175.1 12.5 5.1 -0.3 7.5 5.1

Commercial printing (June 1982=100)(2)

09-37

168.0 169.4 169.6 2.2 0.1 1.0 -0.1 0.1

Foundry and forge shop products(2)

10-15

175.9 187.7 190.8 11.6 1.7 1.4 4.0 1.7

Steel mill products(2)

10-17

186.6 229.8 248.4 30.4 8.1 5.5 10.7 8.1

Primary nonferrous metals(2)

10-22

287.2 310.1 292.1 4.3 -5.8 -0.9 1.2 -5.8

Aluminum mill shapes(2)

10-25-01

182.4 195.5 195.5 1.7 0.0 3.2 -0.1 0.0

Copper and brass mill shapes(2)

10-25-02

419.1 454.4 434.5 -0.9 -4.4 0.4 1.4 -4.4

Titanium mill shapes(2)

10-25-05

259.3 - 244.3 -18.3 - - - -

Nonferrous wire and cable(2)

10-26

248.2 266.5 259.0 6.7 -2.8 -3.1 2.2 -2.8

Metal containers(2)

10-3

138.1 143.0 143.1 6.8 0.1 2.4 1.1 0.1

Hardware(2)

10-4

183.4 186.6 189.1 5.2 1.3 1.1 0.5 1.3

Plumbing fixtures and brass fittings

10-5

224.2 225.2 228.3 2.7 1.4 1.0 0.2 1.2

Heating equipment

10-6

200.8 201.6 204.7 5.1 1.5 0.5 0.4 1.6

Fabricated structural metal products(2)

10-7

193.1 206.0 209.3 11.4 1.6 3.1 2.9 1.6

Fabricated ferrous wire products (June 1982=100)(2)

10-88

176.6 189.6 195.6 17.7 3.2 3.5 0.6 3.2

Other misc metal products(2)

10-89

146.6 148.1 149.6 4.5 1.0 0.4 0.3 1.0

Mechanical power transmission equipment

11-45

211.2 215.5 216.9 6.7 0.6 2.1 1.1 1.1

Air conditioning and refrigeration equipment

11-48

159.7 161.8 162.4 3.0 0.4 -0.4 1.0 0.2

Metal valves, ex.fluid power (Dec. 1982=100)(2)

11-49-02

237.1 238.3 239.8 5.6 0.6 1.4 0.5 0.6

Ball and roller bearings(2)

11-49-05

204.7 211.0 208.4 5.6 -1.2 0.5 2.4 -1.2

Wiring devices(2)

11-71

200.3 205.8 207.4 6.1 0.8 0.1 2.4 0.8

Motors, generators, motor generator sets(2)

11-73

177.3 179.4 180.4 4.3 0.6 -0.1 0.9 0.6

Switchgear, switchboard, etc, equipment(2)

11-75

192.7 193.1 195.5 4.2 1.2 1.0 -1.8 1.2

Electronic components and accessories(2)

11-78

77.7 77.5 77.5 -6.7 0.0 0.4 -0.9 0.0

Internal combustion engines(2)

11-94

155.6 155.6 156.2 1.1 0.4 -0.2 -0.4 0.4

Machine shop products(2)

11-95

167.4 169.8 171.4 7.6 0.9 -0.8 0.4 0.9

Flat glass(2)

13-11

113.2 114.2 114.7 0.3 0.4 -1.0 1.3 0.4

Cement

13-22

210.4 212.3 211.9 1.1 -0.2 -2.1 1.2 0.4

Concrete products

13-3

207.3 209.9 211.3 3.8 0.7 1.4 0.1 1.0

Asphalt felts and coatings

13-6

145.2 160.2 166.0 15.3 3.6 0.8 5.6 4.3

Gypsum products(2)

13-7

206.1 208.0 207.1 -13.8 -0.4 0.2 -1.2 -0.4

Glass containers

13-8

168.5 170.6 171.8 5.5 0.7 -0.1 -0.1 0.6

Motor vehicle parts(2)

14-12

118.3 118.9 118.9 0.7 0.0 0.5 0.1 0.0

Aircraft engines & engine parts (Dec 1985=100)

14-23

184.6 185.9 185.3 3.7 -0.3 0.7 0.2 -0.1

Aircraft parts & aux. equip.,nec (June 1985=100)(2)

14-25

163.6 163.9 164.2 3.9 0.2 -0.5 1.0 0.2

Photographic supplies(2)

15-42

124.3 125.9 125.5 2.4 -0.3 0.0 1.2 -0.3

Medical/surgical/personal aid devices

15-6

164.9 166.2 165.8 1.6 -0.2 0.4 -0.2 -0.2

Crude materials for further processing

245.5 294.4 305.2 45.5 3.7 3.2 6.7 3.7

Crude foodstuffs and feedstuffs

165.4 172.7 178.9 20.6 3.6 -0.9 1.8 3.5

Wheat(2)

01-21

340.1 245.6 239.0 58.9 -2.7 -23.1 -7.5 -2.7

Corn(2)

01-22-02

190.2 228.1 256.0 67.2 12.2 6.6 -1.7 12.2

Slaughter cattle(2)

01-31

134.8 139.0 138.5 4.1 -0.4 0.0 3.7 -0.4

Slaughter hogs

01-32

67.1 95.6 91.4 5.8 -4.4 10.5 18.1 -3.4

Slaughter broilers/fryers

01-41-02

204.9 213.5 219.3 4.2 2.7 1.0 1.2 -0.9

Slaughter turkeys

01-42

140.4 169.4 174.1 15.1 2.8 4.9 0.5 -2.0

Fluid milk

01-6

143.1 136.5 145.5 -3.9 6.6 -2.6 0.0 5.7

Soybeans(2)

01-83-01-31

219.4 226.9 242.6 83.9 6.9 -0.2 -0.6 6.9

Cane sugar, raw (Dec 2003=100)(2)

02-52-01-03

116.2 118.4 118.4 -2.1 0.0 -0.4 0.7 0.0

Crude nonfood materials

299.9 385.4 399.6 60.1 3.7 5.0 10.2 3.7

Raw cotton(2)

01-51

103.1 101.1 98.6 27.6 -2.5 -2.2 1.1 -2.5

Hides and skins(2)

04-1

190.5 194.7 201.0 -7.9 3.2 3.6 0.5 3.2

Coal

05-1

141.0 145.5 164.2 25.7 12.9 0.3 2.9 14.4

Natural gas(2)

05-31

332.4 451.9 475.6 56.1 5.2 4.3 17.0 5.2

Crude petroleum(2)

05-61

257.0 349.3 364.8 105.6 4.4 4.5 11.1 4.4

Logs, timber, etc(2)

08-5

213.0 220.0 222.4 0.9 1.1 1.1 1.2 1.1

Wastepaper(2)

09-12

431.1 417.0 397.3 14.7 -4.7 -2.3 -2.7 -4.7

Iron ore(2)

10-11

134.3 145.2 145.2 12.6 0.0 8.1 0.0 0.0

Iron and steel scrap(2)

10-12

516.7 773.6 776.2 96.9 0.3 32.2 9.0 0.3

Nonferrous metal ores (Dec 1983=100)(2)

10-21

265.8 267.7 270.4 7.9 1.0 -1.8 -5.9 1.0

Copper base scrap(2)

10-23-01

535.6 602.6 570.6 14.4 -5.3 5.3 1.3 -5.3

Aluminum base scrap

10-23-02

278.1 318.9 316.0 13.0 -0.9 2.1 0.4 1.1

Construction sand, gravel, and crushed stone

13-21

243.0 246.8 247.2 7.2 0.2 -0.7 0.5 1.0

Industrial sand

13-99-01

206.6 207.6 208.1 9.5 0.2 0.0 0.8 0.6

Footnotes
(1) The indexes for February 2008 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject revision 4 months after original publication.
(2) Not seasonally adjusted.

"-" Data not available.


Table 3. Producer price indexes for selected commodity groupings 1982=100, unless otherwise indicated
Grouping Commodity
code
Unadjusted index(1)
Feb.
2008
May
2008
June
2008

All commodities

182.7 196.5 200.7

Major commodity groups

Farm products and processed foods and feeds

171.1 177.0 180.8

Farm products

01

164.4 169.3 177.0

Processed foods and feeds

02

174.6 181.1 182.7

Industrial commodities

184.6 199.9 204.2

Textile products and apparel

03

127.1 128.3 128.2

Hides, skins, leather, and related products

04

172.5 173.1 175.6

Fuels and related products and power

05

199.5 243.2 256.4

Chemicals and allied products(2)

06

231.3 245.0 249.8

Rubber and plastic products

07

159.9 163.2 164.5

Lumber and wood products

08

189.1 193.5 194.8

Pulp, paper, and allied products

09

223.4 225.0 225.6

Metals and metal products

10

201.8 224.0 227.0

Machinery and equipment

11

128.3 129.1 129.6

Furniture and household durables

12

146.1 147.5 148.1

Nonmetallic mineral products

13

188.8 192.4 194.4

Transportation equipment

14

157.5 157.1 156.7

Miscellaneous products

15

213.3 216.7 217.5

Industrial commodities less fuels and related products and power

175.9 181.6 183.0

Other commodity groupings

Fruits and melons, fresh and dry vegetables, and tree nuts

01-1

158.4 157.2 167.1

Grains

01-2

223.1 231.9 252.1

Slaughter livestock

01-3

118.9 131.4 129.6

Slaughter poultry

01-4

189.6 201.9 207.3

Plant and animal fibers

01-5

104.1 102.1 99.5

Chicken eggs

01-7

235.6 153.4 179.9

Hay, hayseeds, and oilseeds

01-8

242.7 260.0 273.1

Oilseeds

01-83

235.8 244.2 260.4

Cereal and bakery products

02-1

224.2 229.9 232.0

Meats, poultry, and fish

02-2

143.6 151.7 152.2

Processed poultry

02-22

133.3 139.5 142.1

Sugar and confectionery

02-5

174.0 178.2 178.9

Beverages and beverage materials

02-6

170.7 172.6 172.1

Packaged beverage materials

02-63

172.4 175.1 175.6

Fats and oils

02-7

279.3 321.0 328.1

Apparel

03-81

127.2 127.8 127.6

Other leather and related products

04-4

158.0 158.3 158.5

Gas fuels

05-3

339.5 438.5 466.4

Electric power

05-4

167.3 174.2 180.6

Refined petroleum products

05-7

246.9 321.7 340.9

Drugs and pharmaceuticals

06-3

336.8 339.6 339.3

Agricultural chemicals and products

06-5

214.5 250.3 283.0

Other chemicals and allied products

06-7

167.6 169.7 172.0

Rubber and rubber products

07-1

145.7 149.1 152.0

Rubber, except natural rubber

07-11

176.7 190.2 199.1

Miscellaneous rubber products

07-13

159.4 160.8 161.7

Plastic products

07-2

170.7 174.0 174.7

Lumber

08-1

161.9 169.3 170.9

Pulp, paper, and products, excluding building paper and board

09-1

194.6 196.2 196.3

Converted paper and paperboard products

09-15

193.1 194.5 195.1

Iron and steel

10-1

215.2 272.8 286.5

Nonferrous metals

10-2

251.0 269.0 261.3

Nonferrous mill shapes

10-25

217.5 231.6 227.0

Metalworking machinery and equipment

11-3

166.2 167.9 168.4

General purpose machinery and equipment

11-4

188.7 191.0 192.5

Special industry machinery

11-6

185.3 187.9 187.9

Electrical machinery and equipment

11-7

113.2 113.5 113.7

Miscellaneous machinery and equipment

11-9

160.1 162.1 163.8

Other household durable goods

12-6

173.0 173.0 172.9

Concrete ingredients

13-2

227.0 230.1 230.2

Motor vehicles and equipment

14-1

133.7 132.9 132.0

Toys, sporting goods, small arms, etc

15-1

142.6 143.6 144.2

Photographic equipment and supplies

15-4

110.3 111.4 111.7

Other miscellaneous products

15-9

158.6 162.2 162.5

Footnotes
(1) Data for February 2008 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication.
(2) Prices of some items in this grouping are lagged 1 month.


Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally adjusted
Industry(1) Industry
code
Index
base
Index Percent change
to June 2008 from:
Feb. 2008(2) May 2008(2) June 2008(2) June 2007 May 2008

Total mining, utilities, and manufacturing industries

12/06

108.0 114.2 116.3 11.3 1.8

Total mining industries

12/84

263.8 328.9 345.9 55.4 5.2

Oil and gas extraction

211

12/85

335.0 440.5 463.5 71.1 5.2

Mining (except oil & gas)

212

12/03

170.3 174.3 185.1 16.2 6.2

Mining support activities

213

12/03

168.8 171.3 174.6 2.0 1.9

Utilities

221

12/03

129.7 135.7 141.1 8.6 4.0

Total manufacturing industries

12/84

169.6 179.3 182.0 11.2 1.5

Food mfg

311

12/84

167.5 174.2 176.3 10.0 1.2

Beverage & tobacco mfg

312

12/03

112.7 114.4 114.2 4.5 -0.2

Textile mills

313

12/84

110.3 111.7 111.7 3.6 0.0

Textile product mills

314

12/03

110.6 111.1 111.1 1.5 0.0

Apparel manufacturing

315

12/03

101.8 102.2 102.2 0.8 0.0

Leather and allied product manufacturing

316

12/84

152.4 152.7 153.9 3.0 0.8

Wood product manufacturing

321

12/03

105.5 108.3 109.5 1.9 1.1

Paper manufacturing

322

12/03

119.2 120.4 120.8 4.9 0.3

Printing and related support activities

323

12/03

108.1 109.4 109.5 2.8 0.1

Petroleum and coal products manufacturing

324

12/84

298.4 384.1 406.0 51.4 5.7

Chemical mfg

325

12/84

215.8 224.1 227.8 12.3 1.7

Plastics and rubber products mfg

326

12/84

155.6 158.5 159.5 6.4 0.6

Nonmetallic mineral product mfg

327

12/84

168.2 169.7 170.5 2.0 0.5

Primary metal mfg

331

12/84

194.2 221.6 228.5 16.3 3.1

Fabricated metal product mfg

332

12/84

166.8 172.9 174.7 7.7 1.0

Machinery mfg

333

12/03

114.3 115.7 116.5 4.0 0.7

Computer & electronic product mfg

334

12/03

92.8 92.8 92.8 -1.9 0.0

Electrical equipment, appliance & component mfg

335

12/03

125.9 128.1 128.4 5.2 0.2

Transportation equipment mfg

336

12/03

106.6 106.3 105.9 1.4 -0.4

Furniture & related product mfg

337

12/84

167.8 170.6 171.7 3.5 0.6

Miscellaneous mfg

339

12/03

108.7 109.7 110.0 2.8 0.3

Total trade industries

12/06

105.1 108.1 108.9 4.3 0.7

Total wholesale trade industries

12/06

105.1 110.1 109.7 8.3 -0.4

Merchant wholesalers, durable goods

423

06/04

112.3 115.5 118.5 8.6 2.6

Merchant wholesalers, nondurable goods

424

06/05

115.3 124.0 119.1 8.2 -4.0

Wholesale trade agents and brokers

425

06/05

109.3 111.4 110.6 3.8 -0.7

Total retail trade industries

12/06

105.1 106.8 108.4 1.7 1.5

Motor vehicle and parts dealers

441

12/03

118.4 118.5 118.6 2.1 0.1

Furniture and home furnishings stores

442

12/03

118.8 118.6 119.8 3.1 1.0

Electronics and appliance stores

443

12/03

110.2 109.5 111.3 -1.0 1.6

Bldg material and garden equip and supp dealers

444

12/03

118.8 118.3 121.0 -1.4 2.3

Food and beverage stores

445

12/99

144.0 150.2 149.6 7.2 -0.4

Health and personal care stores

446

12/03

124.5 127.9 128.0 4.0 0.1

Gasoline stations

447

06/01

61.6 60.9 67.3 -22.2 10.5

Clothing and clothing accessories stores

448

12/03

107.7 113.1 115.9 7.5 2.5

Sporting goods hobby, book and music stores

451

12/03

109.2 111.7 111.8 5.5 0.1

General merchandise stores

452

12/03

112.1 113.6 116.8 2.9 2.8

Nonstore retailers

454

12/03

133.8 136.9 138.0 8.1 0.8

Transportation and warehousing industries

12/06

108.3 112.4 115.0 9.8 2.3

Transportation industries

12/06

107.6 112.1 115.4 11.3 2.9

Air transportation

481

12/92

191.8 201.4 211.7 13.9 5.1

Rail transportation

482

12/96

151.6 156.4 160.0 13.5 2.3

Water transportation

483

12/03

119.2 122.3 127.0 13.7 3.8

Truck transportation

484

12/03

119.3 124.4 127.2 10.1 2.3

Pipeline transportation of crude oil

486110

06/86

144.9 149.8 149.8 8.9 0.0

Refined petroleum product pipeline transport

486910

06/86

136.0 136.3 136.3 4.9 0.0

Transportation support activities

488

12/03

109.2 112.5 113.0 3.8 0.4

Delivery and warehouse industries

12/06

110.0 112.9 113.5 5.6 0.5

Postal service

491

06/89

175.5 180.5 180.5 2.9 0.0

Couriers and messengers

492

12/03

137.4 141.7 143.4 8.6 1.2

Warehousing and storage

493

12/06

106.2 105.9 105.7 3.8 -0.2

Total traditional service industries

12/06

102.5 101.9 102.0 0.6 0.1

Information

12/06

101.6 102.0 101.8 0.8 -0.2

Publishing industries, except Internet

511

12/03

109.8 110.4 110.2 1.9 -0.2

Broadcasting, except Internet

515

12/03

104.6 103.4 102.7 0.9 -0.7

Telecommunications

517

12/03

100.9 101.3 101.1 0.1 -0.2

ISPs and Web search portals

5181

06/04

73.5 73.8 73.8 1.2 0.0

Data processing and related services

5182

12/03

100.5 100.9 100.9 0.6 0.0

Selected health care industries

12/06

104.4 104.5 104.5 2.6 0.0

Offices of physicians

6211

12/96

123.3 123.2 123.2 0.9 0.0

Medical and diagnostic laboratories

6215

12/03

107.3 107.4 106.6 -0.6 -0.7

Home health care services

6216

12/96

125.5 125.5 125.4 1.5 -0.1

Blood and organ banks

621991

06/06

105.5 105.6 105.7 2.6 0.1

Hospitals

622

12/92

162.6 162.7 162.8 3.3 0.1

Nursing care facilities

6231

12/03

118.0 118.1 118.1 3.7 0.0

Residential mental retardation facilities

62321

12/03

117.2 117.6 117.6 4.5 0.0

Other selected traditional service industries

12/06

102.0 101.0 101.2 -0.1 0.2

Depository credit intermediation

5221

12/03

108.6 103.1 102.4 -10.5 -0.7

Security, commodity contracts and like activity

523

12/03

122.9 120.1 120.7 1.8 0.5

Insurance carriers and related activities

524

12/03

109.2 109.5 109.7 2.0 0.2

Lessors of nonres bldg (exc miniwarehouse)

53112

12/03

108.2 109.2 109.7 2.7 0.5

Lessors of miniwarehouse and self storage units

53113

12/03

110.0 112.8 113.6 0.9 0.7

Offices of real estate agents and brokers

5312

12/03

109.8 106.1 105.4 -4.9 -0.7

Automotive equipment rental and leasing

5321

06/01

121.3 123.2 125.2 9.4 1.6

Other heavy machinery rental and leasing

532412

12/03

119.1 119.2 119.2 1.1 0.0

Legal services

5411

12/96

160.3 160.9 160.9 4.9 0.0

Architectural, engineering and related services

5413

12/96

140.3 140.5 141.9 1.3 1.0

Management and technical consulting services

5416

06/06

105.1 105.6 105.5 3.0 -0.1

Advertising agencies

54181

12/03

105.3 105.8 105.7 0.6 -0.1

Employment services

5613

12/96

123.0 122.7 122.9 1.1 0.2

Travel agencies

56151

12/03

98.8 98.8 98.8 -2.6 0.0

Janitorial services

56172

12/03

109.1 109.7 109.2 3.6 -0.5

Waste collection

5621

12/03

112.1 112.0 112.8 5.2 0.7

Computer training

61142

06/06

108.8 109.9 109.8 8.2 -0.1

Amusement and theme parks

71311

06/06

108.5 109.0 109.6 5.4 0.6

Golf courses and country clubs

71391

12/05

105.3 105.5 107.0 2.1 1.4

Fitness and recreational sports centers

71394

12/04

100.9 101.4 101.0 1.8 -0.4

Accommodation

721

12/96

145.2 144.8 149.6 4.5 3.3

Commercial machinery repair and maintenance

8113

06/06

103.6 104.6 105.8 3.7 1.1

Footnotes
(1) Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences in coverage and aggregation methodology, they will generally not match the movements of similarly titled indexes which are derived from traditional commodity groupings.
(2) The indexes for February 2008 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication.

"-" Data not available.
NOTE: NAICS replaced the SIC system beginning with the release of PPI data for January 2004.
See http://www.bls.gov/ppi/ppinaics.htm for details.


Table 5. Producer price indexes by stage of processing, seasonally adjusted 1982=100
Grouping Index(1)
Jan.
2008
Feb.
2008
Mar.
2008
Apr.
2008
May
2008
June
2008

Finished goods

173.4 174.0 175.8 176.1 178.5 181.7

Finished consumer goods

182.1 182.8 185.0 185.2 188.5 192.8

Finished consumer foods

174.9 173.8 176.0 176.0 177.4 180.1

Crude

197.2 179.9 191.1 183.6 175.1 189.3

Processed

172.7 173.2 174.6 175.4 177.6 179.2

Finished consumer goods, excluding foods

184.6 186.0 188.1 188.4 192.5 197.5

Nondurable goods less foods

204.5 206.4 209.2 209.4 215.9 223.3

Durable goods

139.3 139.7 140.1 140.8 140.3 140.7

Capital equipment

151.0 151.6 151.9 152.5 152.7 153.1

Manufacturing industries

154.4 155.0 155.5 156.5 156.7 157.1

Nonmanufacturing industries

149.9 150.4 150.6 151.1 151.3 151.7

Intermediate materials, supplies, and components

179.3 180.9 184.8 186.5 192.0 196.1

Materials and components for manufacturing

168.4 170.0 172.5 174.5 178.7 181.6

Materials for food manufacturing

174.4 177.0 180.4 179.9 182.2 185.1

Materials for nondurable manufacturing

199.2 201.4 204.2 207.6 214.3 220.1

Materials for durable manufacturing

189.5 193.1 199.5 203.3 212.5 216.1

Components for manufacturing

137.4 137.8 138.1 138.7 139.3 139.9

Materials and components for construction

194.5 195.7 197.1 199.1 203.2 206.2

Processed fuels and lubricants

195.9 197.7 209.1 210.7 224.1 234.6

Manufacturing industries

189.7 191.1 201.6 201.3 211.4 217.8

Nonmanufacturing industries

198.9 200.9 212.7 215.1 229.9 242.0

Containers

185.1 185.7 185.8 187.0 188.0 188.5

Supplies

166.8 168.1 169.4 170.5 172.8 174.3

Manufacturing industries

166.3 166.9 167.5 168.4 168.6 169.7

Nonmanufacturing industries

165.4 167.0 168.5 169.6 172.4 174.0

Feeds

163.3 170.2 180.3 177.8 187.1 187.3

Other supplies

166.8 167.8 169.0 170.4 172.0 173.7

Crude materials for further processing

236.9 246.2 266.0 274.6 293.1 303.8

Foodstuffs and feedstuffs

165.1 167.0 169.4 167.9 170.9 176.8

Nonfood materials

283.8 299.6 332.5 349.1 384.7 399.1

Nonfood materials except fuel(2)

288.3 295.3 327.6 346.4 373.1 381.6

Manufacturing(2)

268.3 274.9 305.2 322.9 348.1 356.0

Construction

198.3 197.6 198.9 196.9 196.9 198.5

Crude fuel(3)

253.5 283.2 312.4 324.4 374.1 397.8

Manufacturing industries

240.8 268.3 295.3 306.4 352.5 375.5

Nonmanufacturing industries

259.3 289.7 319.7 331.9 382.9 407.0

Special groupings

Finished goods, excluding foods

172.7 173.8 175.4 175.8 178.5 181.9

Intermediate materials less foods and feeds

179.7 181.2 185.2 187.0 192.4 196.6

Intermediate foods and feeds

171.0 175.1 179.9 178.8 184.5 186.4

Crude materials less agricultural products(2)

291.2 307.8 341.6 358.6 396.6 411.9

Finished energy goods

173.5 175.3 179.6 179.3 188.1 199.4

Finished goods less energy

166.5 166.8 167.7 168.2 168.9 169.9

Finished consumer goods less energy

173.4 173.5 174.7 175.2 176.0 177.3

Finished goods less foods and energy

164.0 164.7 165.2 165.9 166.3 166.7

Finished consumer goods less foods and energy

172.8 173.7 174.2 174.9 175.5 176.0

Consumer nondurable goods less foods and energy

201.3 202.9 203.4 204.1 205.9 206.5

Intermediate energy goods

197.6 200.0 211.3 212.3 225.5 236.7

Intermediate materials less energy

172.3 173.7 175.4 177.3 181.1 183.3

Intermediate materials less foods and energy

172.5 173.6 175.3 177.4 180.9 183.2

Crude energy materials(2)

273.4 291.5 330.2 343.7 388.7 409.7

Crude materials less energy

203.3 207.3 211.6 216.1 222.7 227.3

Crude nonfood materials less energy(3)

308.5 319.6 330.9 357.1 375.0 374.1

Footnotes
(1) All seasonally adjusted indexes are subject to change up to 5 years after original publication due to the recalculation of seasonal factors each January. The indexes for February 2008 have been recalculated to incorporate late reports and corrections by respondents.
(2) Includes crude petroleum.
(3) Excludes crude petroleum.

"-" Data not available.


Last Modified Date: July 15, 2008
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