January 18, 2011
On an unadjusted basis, prices for finished goods advanced 4.0 percent in 2010 after climbing 4.3 percent in 2009.
The Producer Price Index for Finished Goods rose 1.1 percent in December, seasonally adjusted. This advance followed increases of 0.8 percent in November and 0.4 percent in October and marks the sixth straight rise in finished goods prices.
In December, about three-fourths of the rise in the finished goods index can be traced to prices for energy goods, which increased 3.7 percent. Also contributing to the broad-based advance in the finished goods index, prices for consumer foods and for goods other than foods and energy moved up 0.8 percent and 0.2 percent, respectively.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — December 2010" (HTML) (PDF), news release USDL-11-0017. 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 December 2010 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110118.htm (visited October 01, 2014).
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