(202) 691-7705 This Release Is Embargoed — 2001-07-13

The Producer Price Index for Finished Goods declined 0.4 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This decrease followed increases of 0.1 percent in May and 0.3 percent in April. Prices for finished goods, excluding energy, increased 0.1 percent in June. Prices for finished goods, excluding foods and energy, also increased 0.1 percent in June, after registering a 0.2-percent gain in May. At the earlier stages of processing, prices received by producers of intermediate goods inched down 0.1 percent, following a 0.1-percent rise in May. The crude goods index dropped 6.0 percent in June, after posting a 2.3-percent decrease in the previous month. (See table A.) 2001 Jan. 1.1 .9 4.4 .5 4.8 .8 17.5 Feb. .1 r.8 r.4 -.3 4.0 -.2 r-14.5 Mar. r0 r.8 r-1.7 .1 3.1 -.2 r-7.2 Apr.