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Producer Price Index advanced 0.4% in June, ex Fd & Engy up 0.4%
The Producer Price Index for final demand advanced 0.4 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in May and declined 0.4 percent in April. On an unadjusted basis, the final demand index moved down 0.7 percent for the 12 months ended in June, the fifth straight 12-month decrease.
In June, nearly two-thirds of the increase in the final demand index can be attributed to prices for final demand goods, which rose 0.7 percent. The index for final demand services advanced 0.3 percent.
Within intermediate demand, prices for processed goods climbed 0.7 percent, the index for unprocessed goods jumped 1.2 percent, and prices for services moved up 0.4 percent.
Posted: July 15, 2015 Wednesday 08:30 AM