(202) 606-7705 This Release Is Embargoed — 1996-07-12

The Producer Price Index for Finished Goods increased 0.2 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This followed a decrease of 0.1 percent in May and a 0.4-percent rise in April. Prices received by domestic producers of intermediate goods declined 0.5 percent after rising the same amount in the previous month. The Crude Goods Price Index fell 2.3 percent after increasing 1.3 percent in May. (See table A.) Among finished goods in June, the index for finished consumer foods moved up 1.6 percent, after showing no change a month ago. Prices for energy goods declined more than in May. The index for finished goods other than foods and energy increased 0.2 percent following no change in the prior month. Table A.