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The Producer Price Index for Finished Goods moved down 0.1 percent seasonally adjusted from March to April, the Bureau of Labor Statistics…
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The Producer Price Index for Finished Goods moved down 0.1 percent seasonally adjusted from March to April, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This decline followed a 0.2 percent rise in March and an advance of 0.5 percent in February. The Intermediate Goods Price Index showed no change in April following a 0.2 percent increase a month earlier. Prices received by domestic producers of crude goods fell 0.5 percent over the month after climbing 2.8 percent in March. (See table A.) Among finished goods, consumer food prices turned down following a March increase. The index for finished energy goods eased down slightly after remaining unchanged in the preceding month. Prices for finished goods other than foods and energy edged up 0.1 percent following a 0.2 percent rise in March. Before seasonal adjustment, the Producer Price Index for Finished Goods remained unchanged in April at 125.0 (1982=100).
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