(202) 691-7705 This Release Is Embargoed — 2005-08-17

The Producer Price Index for Finished Goods advanced 1.0 percent in July, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed no change in June and a 0.6-percent decline in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods increased 1.0 percent, compared with a 0.1-percent gain in June, while the crude goods index turned up 6.7 percent, after falling 3.3 percent in the prior month. (See table A.) 2005 Jan. .1 -.5 -1.0 .7 4.1 .3 -2.0 Feb. .4 .6 1.8 -.1 4.7 .6 -1.0 Mar. r .8 .6 r 3.3 .2 r 5.0 1.0 r 4.7 Apr. r .5 r -.1 r 1.8 .3 4.8 .8 r 2.1 May -.6 -.3 -3.5 .1 3.5 -.7 -2.0 June 0 -1.1 2.0 -.1 3.6 .1 -3.3 July 1.0 -.3 4.4 .4 4.6 1.0 6.7 r=revised.