-->
----- Original Message -----
From:"BLS News Service" <news@list.bls.gov>
To: <crusoe000@hotmail.com>
Sent: Friday, September 10, 2004 2:40 PM
Subject: Producer Price Index News Release
> --------------------------------------------------------------------------- > For best results, format in 8-pt Courier, and print in landscape. A PDF > version is at http://www.bls.gov/news.release/pdf/ppi.pdf > (requires Adobe Acrobat Reader). For help, email news_service@bls.gov. > --------------------------------------------------------------------------- > > FOR DATA ONLY: (202) 691-5200 USDL 04-1763 > FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN > (202) 691-7705 THIS RELEASE IS EMBARGOED > MEDIA CONTACT: (202) 691-5902 UNTIL 8:30 A.M. (EDT), FRIDAY, > http://www.bls.gov/ppi SEPTEMBER 10, 2004 > > Producer Price Indexes -- August 2004 > > The Producer Price Index for Finished Goods declined 0.1 percent in > August, seasonally adjusted, the Bureau of Labor Statistics of the U.S. > Department of Labor reported today. This decrease followed a 0.1-percent > advance in July and a 0.3-percent decline in June. At the earlier stages > of processing, prices received by manufacturers of intermediate goods > jumped 1.0 percent in August, after a 0.8-percent gain in the preceding > month, while the crude goods index fell 0.7 percent, compared with a 0.2- > percent decrease in July. (See table A.) > > Table A. Monthly and annual percent changes in selected stage-of-processing price > indexes, seasonally adjusted > ______________________________________________________________________________________ > | | | | | > | | Finished goods | | | > | | | | | > | |---------------------------------------------------------| | | > | | | | | | Change in | | | > | | | | | Except |finished goods| Inter- | | > | | | | |foods and|from 12 months| mediate | Crude | > | Month | Total | Foods | Energy | energy | ago(unadj.) | goods | goods | > |--------------------------------------------------------------------------------------|
2003
Aug. 0.5 0.8 1.4 0.1 3.5 0.6 -1.0
Sept..2 1.2 -.1 0 3.5 -.1 2.7
Oct..6 2.0 -.4.5 3.4.3 2.8
Nov. -.1 -.3 -.7 0 3.4 0
Dec..2.2 1.4 -.1 4.0.4 3.4 > > 2004
Jan..6 -1.3 4.7.3 3.3.9 4.1
Feb..1.4.3 -.1 2.1 1.0 1.5
Mar..6 1.5.6.3 1.5.8 1.6
Apr. r.7 r 1.3 r 1.8 r.1 3.7 r 1.4 r1.8
May r.7 r 1.4 r 1.4 r.4 5.0 r.9 r 1.8
June -.3 -.6 -1.6.2 4.0.5 1.6
July.1 -1.6 2.3.1 4.0.8 -.2
Aug. -.1 -.2.2 -.1 3.4 1.0 -.7
r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for April 2004 have been revised to reflect the availability of late reports and corrections by respondents. > > -2- > > Among finished goods, prices for both finished goods other than foods > and energy and finished consumer foods edged down in August -- falling 0.1 > and 0.2 percent, respectively. By contrast, the finished energy goods > index moved up 0.2 percent in August. > > Before seasonal adjustment, the Producer Price Index for Finished > Goods decreased 0.1 percent in August to 148.6 (1982=100). From August > 2003 to August 2004, the finished goods index rose 3.4 percent. Over the > same period, prices for finished energy goods climbed 9.9 percent, the > index for finished consumer foods increased 4.0 percent, and prices for > finished goods other than foods and energy advanced 1.5 percent. At the > earlier stages of processing, the index for intermediate goods moved up 8.1 > percent, and prices for crude goods rose 22.4 percent for the 12-month > period ended August 2004. > > Finished goods > > The index for finished consumer goods other than foods and energy > decreased 0.2 percent in August, after inching up 0.1 percent in July. The > light motor trucks index fell 2.5 percent, after showing no change in July, > while passenger car prices declined 1.2 percent in August, compared with a > 0.4-percent decrease a month earlier. The indexes for cosmetics and other > toilet preparations, sanitary papers and health products, and household > appliances fell, following increases in July. Prices for book publishing, > periodical circulation, and men's and boys' apparel were unchanged in > August, after rising in the preceding month. By contrast, the alcoholic > beverages index jumped 1.3 percent, compared with a 0.1-percent increase in > July. Prices for pharmaceutical preparations also rose at a quicker pace > in August than they did in July. The indexes for women's, girls', and > infants' apparel and for household furniture turned up, after falling in > July. > > Table B. Monthly and annual percent changes in selected price indexes for > intermediate goods and crude goods, seasonally adjusted > __________________________________________________________________________________ > | | | | > | | Intermediate goods | Crude goods | > | | | | > | |---------------------------------------------------------------------------| > | | | | |Change in | | | | Change | > | | | | | interme- | | | |in crude | > | | | | | diate | | | | goods | > | | | | |goods from| | | | from 12 | > | | | | Except |12 months | | | Except | months | > | | | |foods and| ago | | Energy |foods and| ago | > |Month | Foods | Energy | energy | (unadj.) | Foods | (unadj.)| energy |(unadj.) | > |----------------------------------------------------------------------------------| > 2003 > Aug. 0.2 2.4 0.1 4.4 3.7 -6.1 2.0 20.8 > Sept. 2.7 -2.0.2 3.7 7.0 -1.1 2.7 21.5 > Oct. 2.7 -.2.3 3.4 8.5 -2.8 3.0 22.6 > Nov. 2.6 -1.3.1 3.4 -.6 -1.3 4.3 18.0 > Dec. -.3 1.4.2 3.9.3 7.0 3.0 19.5 > > 2004 > Jan. -1.3 2.9.6 3.9 -6.8 15.3 3.7 16.1 > Feb. 1.3.7.9 2.8 4.3 -2.8 6.1 12.0 > Mar. 2.5.4.8 1.5 6.9 -3.7 2.8.5 > Apr. r 4.7 r 1.8 r 1.1 r 5.4 r 3.3 r 3.8 r -4.3 r 21.6 > May r 2.8 r 1.5 r.7 7.1 r 2.9 r 4.1 r -4.9 21.9 > June -2.2.7.5 6.9 -3.6 7.7 -.5 18.9 > July -1.4 2.3.5 7.6 -4.8.2 8.6 22.2 > Aug. -5.2 2.7 1.0 8.1 -4.6 -.1 4.5 22.4 > r=revised. Some of the figures shown above and elsewhere in this release may > differ from those previously reported because data for April 2004 have been > revised to reflect the availability of late reports and corrections by > respondents. > > -3- > > The finished consumer foods index fell 0.2 percent in August, after a > 1.6-percent drop in July. The rate of decline in prices for beef and veal > slowed to 3.2 percent in August from 8.3 percent in the previous month. > The dairy products index also fell less in August than it did in July. > Prices for fresh and dry vegetables, soft drinks, and shortening and > cooking oils moved up in August, after falling a month earlier. The pork > index increased at a faster rate than it did in the preceding month. > Conversely, processed young chicken prices dropped 7.1 percent in August, > compared with a 1.1-percent decrease in July. The index for eggs for fresh > use and the index for fresh fruits and melons also went down more than they > did in the preceding month, while price increases for finfish and shellfish > slowed in August. > > Capital equipment prices inched down 0.1 percent in August, compared > with a 0.1-percent rise in July. The light motor trucks index fell 2.5 > percent in August, after showing no change in the previous month. The > indexes for passenger cars, electronic computers, and x-ray and > electromedical equipment decreased at a faster rate than they did a month > earlier. Prices for semiconductor manufacturing equipment turned down in > August. On the other hand, prices for communication and related equipment > increased 0.2 percent in August, following a 0.7-percent decline in the > preceding month. The indexes for commercial furniture, heavy motor trucks, > and integrating and measuring instruments also turned up, after falling in > July. > > The finished energy goods index advanced 0.2 percent in August, > following a 2.3-percent gain in the prior month. In August, rising prices > for liquefied petroleum gas, residential natural gas, home heating oil, > residential electric power, and diesel fuel slightly outweighed falling > prices for gasoline and finished lubricants. >
|