(202) 691-7705 This Release Is Embargoed — 2001-06-14

The Producer Price Index for Finished Goods rose 0.1 percent in May, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 0.3-percent gain in April and a 0.1-percent decline in March. Prices for finished goods other than foods and energy increased 0.2 percent for the second consecutive month. The intermediate goods index rose 0.1 percent, after a 0.2-percent decline in the prior month. Prices for crude goods turned down 2.3 percent, following a 0.9-percent rise in April. (See table A.) 2001 Jan. 1.1 r.9 r4.4 .5 4.8 r.8 r17.5 Feb. .1 r.5 r1.2 -.3 4.0 r-.2 r-19.2 Mar. -.1 1.1 -2.6 .1 3.1 -.2 -1.7 Apr. .3 .6 .1 .2 3.7 -.2 .9 May .1 -.4 .2 .2 3.8 .1 -2.3 r=revised.