August 07, 2008
The Producer Price Index (PPI) for finished energy goods increased 17.8 percent in 2007, following a 2.0-percent decline in 2006.
Among finished energy goods, prices for gasoline, home heating oil, and residential electric power jumped in 2007, after advancing at slower rates in the preceding year.
The index for liquefied petroleum gas surged following a decline in 2006. Prices for residential natural gas edged down in 2007, after steep declines a year earlier.
These data are from the BLS Producer Price Index program. Annual percent changes are December to December. Learn more in "Producer price inflation accelerates in 2007 due to rising prices for energy and foods," (PDF) by Joseph Kowal, William Snyders, and Antonio Lombardozzi, Monthly Labor Review, July 2008.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Energy PPI in 2007 on the Internet at http://www.bls.gov/opub/ted/2008/aug/wk1/art04.htm (visited February 28, 2015).
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