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Producer Price Index rose 0.3% in August, ex Fd & Engy unch%
The Producer Price Index for finished goods rose 0.3 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods were unchanged in July and increased 0.8 percent in June. At the earlier stages of processing, prices received by producers of intermediate goods were unchanged in August, and the crude goods index fell 2.7 percent. On an unadjusted basis, prices for finished goods moved up 1.4 percent for the 12 months ended in August, the smallest advance since a 0.5-percent rise in April 2013.
Posted: September 13, 2013 Friday 08:30 AM