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Producer prices up 1.1 percent for the 12 months ended March 2013

April 15, 2013

For the 12-month period from March 2012 to March 2013, the Producer Price Index for finished goods increased 1.1 percent, not seasonally adjusted, the smallest year-over-year advance since a 0.5-percent rise in July 2012.

12-month percent changes in the Producer Price Index for finished goods, not seasonally adjusted, March 2012–March 2013
MonthPercent change

Mar 2012

2.8

Apr 2012

1.8

May 2012

0.6

Jun 2012

0.7

Jul 2012

0.5

Aug 2012

1.9

Sep 2012

2.1

Oct 2012

2.3

Nov 2012

1.5

Dec 2012

1.3

Jan 2013

1.4

Feb 2013

1.7

Mar 2013

1.1

On a month-to-month basis, prices for finished goods decreased 0.6 percent in March, seasonally adjusted. Finished goods prices rose 0.7 percent in February and 0.2 percent in January.

At the earlier stages of processing, prices for intermediate materials, supplies, and components declined 0.8 percent for the 12 months ended in March, the largest over-the-year decrease since a decline of 1.0 percent in August 2012. Prices for crude goods edged down 0.3 percent from March 2012 to March 2013.

These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — March 2013" (HTML) (PDF), news release USDL-13-0629. 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 up 1.1 percent for the 12 months ended March 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130415.htm (visited December 20, 2014).

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