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The Producer Price Index for Finished Goods decreased 0.2 percent in February on a seasonally adjusted basis, the Bureau of Labor Statistics…

Archive · 1996-03-14

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The Producer Price Index for Finished Goods decreased 0.2 percent in February on a seasonally adjusted basis, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. In January, the finished goods index rose 0.3 percent after increasing 0.6 percent in December. Prices received by domestic producers of intermediate goods moved down 0.4 percent in February after rising 0.1 percent in the previous month. Crude material prices decreased 0.7 percent following a 2.1 percent advance in January. (See table A.) Among finished goods in February, the index for energy goods turned down 0.7 percent after rising 2.7 percent a month earlier. Prices for finished consumer foods declined 0.3 percent after falling 0.2 in January. The index for finished goods other than foods and energy turned up 0.1 percent following a decline of the same amount in January. Table A.

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