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The Producer Price Index for Finished Goods increased 0.3 percent in January on a seasonally adjusted basis, the Bureau of Labor Statistics…

Archives · 1996-02-27

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The Producer Price Index for Finished Goods increased 0.3 percent in January on a seasonally adjusted basis, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The Finished Goods index rose 0.6 percent in December after increasing 0.4 percent in November. Prices received by domestic producers of intermediate goods moved up 0.1 percent in January after rising 0.2 percent in the previous month. Crude material prices increased 2.1 percent following a 0.4 percent advance in December. (See table A.) Among finished goods in January, the rise in the index for energy goods slowed to 2.7 percent from 3.7 percent a month earlier. Prices for finished goods other than foods and energy turned down 0.1 percent after increasing 0.2 percent in December. The index for finished consumer foods declined 0.2 percent following an advance of the same amount in December. Table A.

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