(202) 691-7705 This Release Is Embargoed — 2000-07-14

The Producer Price Index for Finished Goods advanced 0.6 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This index showed no change in May and declined 0.3 percent in April. The index for finished goods other than foods and energy fell 0.1 percent in June, after registering a 0.2-percent gain in the prior month. Prices received by producers of intermediate goods increased 0.9 percent, following a 0.1-percent decrease a month earlier. The crude goods index rose 5.8 percent, after posting a 3.2- percent advance in the previous month. (See table A.) Table A. Monthly and annual percent changes in selected stage-of-processing price indexes, seasonally adjusted Change in Except finished Inter- goods foods from 12 mediate Crude and months Month Total Foods Energy energy ago goods goods (unadj.) 1999 June 0.1 0.6 -0.1 0.0 1.5 0.3 0.2 July .2 -.4 2.7 -.1 1.5 .7 .2 Aug.