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Charting producer prices over the last decade
On an unadjusted basis, prices for finished goods advanced 4.4 percent in 2009, after falling 0.9 percent in 2008. This is according to a new report from the U.S. Department of Labor's Bureau of Labor Statistics.
The Producer Price Index for Finished Goods moved up 0.2 percent in December, seasonally adjusted. This rise followed a 1.8-percent advance in November and a 0.3-percent increase in October.
In December, the increase in the index for finished goods was driven by higher prices for consumer foods, which moved up 1.4 percent. By contrast, prices for energy goods declined 0.4 percent. The index for finished goods less foods and energy was unchanged.
This data is from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — December 2009" (HTML) (PDF), news release USDL-10-0066. All producer price indexes are routinely subject to revision once, four months after original publication, to reflect the availability of late reports and corrections by respondents.
