(202) 606-7705 Release Is Embargoed Until — 1994-07-12

The Producer Price Index for Finished Goods was unchanged seasonally adjusted from May to June, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This followed decreases of 0.1 percent in May and April. The Intermediate Goods Price Index increased 0.3 percent in June after rising 0.2 percent a month earlier. Prices for crude goods rose 0.9 percent over the month after falling in both April and May. (See table A.) Among finished goods in June, the index for consumer foods showed no change and the index for finished energy goods turned up 0.3 percent; both indexes had declined in May and April. Prices for finished goods other than foods and energy inched down 0.1 percent, the first decline for this index since last October. Table A.