(202) 691-7705 This Release Is Embargoed — 2007-05-11

The Producer Price Index for Finished Goods increased 0.7 percent in April, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This advance followed a 1.0-percent rise in March and a 1.3-percent increase in February. In April, the index for finished goods excluding foods and energy remained unchanged for the second consecutive month. At the earlier stages of processing, prices received by producers of intermediate goods rose 0.9 percent following a 1.0-percent increase a month earlier, and the crude goods index fell 1.5 percent after increasing 3.2 percent in March. (See table A.) 2007 Jan. -.6 r 1.2 -4.6 r .3 .2 -.7 r -4.0 Feb. 1.3 1.9 3.5 .4 2.5 1.1 8.9 Mar. 1.0 1.4 3.6 0 3.2 1.0 3.2 Apr. .7 .4 3.4 0 3.2 .9 -1.5 r=revised.