(202) 691-7705 This Release Is Embargoed — 2003-07-11

The Producer Price Index for Finished Goods advanced 0.5 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This index decreased 0.3 percent in May and 1.9 percent in April. At the earlier stages of processing, prices received by manufacturers of intermediate goods rose 0.5 percent, compared with a 0.8-percent decline in the preceding month. The index for crude materials jumped 4.5 percent in June, after increasing at a 1.7-percent rate a month earlier. (See table A.) 2003 Jan. 1.4 1.9 4.6 .3 2.5 1.2 7.6 Feb. r 1.1 .4 r 7.4 r -.1 r 3.3 r 2.0 r 5.2 Mar. r 1.6 .1 r 5.5 r 1.0 4.2 r 2.1 r 13.4 Apr. -1.9 .9 -8.6 -.9 2.4 -2.2 -16.3 May -.3 .1 -2.6 .1 2.5 -.8 1.7 June .5 .4 3.4 -.1 2.9 .5 4.5 r=revised.