July 15, 2009
The Producer Price Index for Finished Goods rose 1.8 percent in June, seasonally adjusted. This advance followed increases of 0.2 percent in May and 0.3 percent in April.
The index for finished energy goods climbed 6.6 percent in June following a 2.9-percent advance in May. Gasoline prices jumped 18.5 percent after rising 13.9 percent in the preceding month.
The index for finished consumer foods increased 1.1 percent in June after falling 1.6 percent in May. More than half of this upturn can be traced to prices for fresh and dry vegetables, which surged 21.8 percent following a 20.9-percent drop in the previous month.
The index for finished goods other than foods and energy increased 0.5 percent in June after inching down 0.1 percent in May.
From June 2008 to June 2009, prices for finished goods fell 4.6 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — June 2009" (HTML) (PDF), news release USDL 09-0811. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices in June 2009 on the Internet at http://www.bls.gov/opub/ted/2009/jul/wk2/art03.htm (visited November 27, 2015).
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.