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Producer prices in December 2011

January 19, 2012

On an unadjusted basis, the Producer Price Index for finished goods increased 4.8 percent in 2011 after rising 3.8 percent in 2010.

12-month percent changes in the Producer Price Index for Finished Goods, not seasonally adjusted, December 2001-December 2011
[Chart data]

From November to December, prices for finished goods decreased 0.1 percent (seasonally adjusted), following an increase of 0.3 percent in November and a decrease of 0.3 percent in October.

The December decline in finished goods prices is attributable to decreases of 0.8 percent in the indexes for finished energy goods and finished consumer foods. By contrast, prices for finished goods less foods and energy increased 0.3 percent.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — December 2011" (HTML) (PDF), news release USDL-12-0060. 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 December 2011 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120119.htm (visited November 23, 2014).

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