(202) 691-7705 This Release Is Embargoed — 2002-07-11

The Producer Price Index for Finished Goods edged up 0.1 percent in June, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This slight increase followed decreases of 0.4 percent in May and 0.2 percent in April. At the earlier stages of processing, the intermediate goods index moved up 0.2 percent, following a 0.5-percent decline in May. Prices for crude goods turned down 3.6 percent in June, after increasing 1.7 percent in the previous month. (See table A.) 2002 Jan. 0 .8 -.5 -.2 -2.7 -.2 4.6 Feb. .2 r .8 r 0 r .1 -2.6 r -.2 r -1.2 Mar. 1.0 r .8 r 6.3 r -.1 -1.4 r 1.3 r 3.4 Apr. -.2 -3.2 2.5 .1 -2.0 .9 5.5 May -.4 -.2 -2.3 0 -2.7 -.5 1.7 June .1 .1 0 .2 -2.1 .2 -3.6 r=revised.