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The Producer Price Index for Finished Goods increased 0.6 percent seasonally adjusted from July to August, the Bureau of Labor Statistics of…
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The Producer Price Index for Finished Goods increased 0.6 percent seasonally adjusted from July to August, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. The Finished Goods Price Index moved up 0.5 percent in July and showed no change in June. Prices received by domestic producers of intermediate goods rose 0.7 percent over the month following a 0.5 percent advance in July. Crude material prices declined 0.4 percent after falling 0.9 percent in the previous month. (See table A.) The index for finished goods other than foods and energy moved up 0.4 percent, faster than in July. Consumer food prices also moved up more than in the previous month. Prices for finished energy goods continued to rise, although not as much as in July. Table A. Monthly and annual percent changes in selected stage-of- processing price indexes, seasonally adjusted.
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