February 21, 2013
The Producer Price Index for finished goods advanced 0.2 percent in January, seasonally adjusted. Prices for finished goods declined 0.3 percent in December and 0.4 percent in November.
|Month||All finished goods||Foods||Energy|
In January, over three quarters of the rise in finished goods prices can be attributed to the index for finished consumer foods, which advanced 0.7 percent after a 0.8‑percent decline in December. The January advance was led by a 39.0-percent jump in prices for fresh and dry vegetables. Increases in the indexes for soft drinks and for candy and nuts also contributed to higher prices for finished consumer foods.
The index for finished energy goods moved down 0.4 percent in January, the fourth straight decrease. The January decline is mostly attributable to prices for gasoline, which fell 2.1 percent.
These data are from the Producer Price Index program. To learn more, see “Producer Price Indexes — January 2013” (HTML) (PDF), news release USDL-13-0282. All producer prices are routinely subject to review 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 January 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130221.htm (visited November 28, 2014).
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