September 2013 Producer Price Index — 2013-10-29

The Producer Price Index for finished goods fell 0.1 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods rose 0.3 percent in August and were unchanged in July. At the earlier stages of processing, prices received by producers of intermediate goods advanced 0.1 percent, and the crude goods index increased 0.5 percent. On an unadjusted basis, prices for finished goods moved up 0.3 percent for the 12 months ended September 2013, the lowest 12-month change since a 2.0-percent decline in October 2009. (See table A.) In September, the 0.1-percent decline in the finished goods index is attributable to prices for finished consumer foods, which fell 1.0 percent. By contrast, the indexes for finished energy goods and for finished goods less foods and energy moved up 0.5 percent and 0.1 percent, respectively.