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Producer prices in June 2009

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.

Percent change from 12 months ago, Producer Price Index for Finished Goods, not seasonally adjusted, June 2000-June 2009
[Chart data—TXT]

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.

SUGGESTED CITATION

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 October 31, 2014).

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