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The Producer Price Index for Finished Goods inched down 0.1 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the…
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The Producer Price Index for Finished Goods inched down 0.1 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This followed no change in May and a 0.5 percent increase in April. Prices received by domestic producers of intermediate goods were up 0.1 percent after moving up 0.2 percent in the previous month. The Crude Goods Price Index turned up 0.7 percent after falling 0.8 percent in May. (See table A.) Among finished goods in June, declines for energy (-1.0 percent) and foods (-0.3 percent) outweighed an increase of 0.2 percent in finished goods other than food and energy. Prices for capital goods edged up 0.2 percent, partly reflecting continued increases for heavy motor trucks. Prices also increased from May to June for consumer durables, such as mobile homes and passenger cars, but decreased for consumer nondurables, such as women's apparel. Table A.
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