(202) 691-7705 This Release Is Embargoed — 2007-02-16

The Producer Price Index for Finished Goods declined 0.6 percent in January, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This decrease followed a 0.9-percent advance in December and a 1.8-percent jump in November. At the earlier stages of processing, prices for intermediate goods moved down 0.7 percent compared with a 0.5-percent increase in the prior month. The crude goods index decreased 6.3 percent after rising 2.8 percent in December. (See table A.) 2006 Jan. 0.3 0.0 0.2 0.4 5.6 0.9 -0.6 Feb. -1.1 -2.0 -3.9 .3 3.9 -.3 -8.4 Mar. .4 .4 1.3 .2 3.6 .3 -2.4 Apr. .7 .5 2.6 .1 4.1 .7 2.5 May .2 -.8 1.1 .2 4.5 1.2 1.7 June .5 1.2 1.1 .1 4.9 .5 -2.6 July -.1 .1 .7 -.5 4.0 .2 2.8 Aug. .4 1.2 -.5 .4 3.8 .4 2.6 Sept -1.1 .4 -5.9 .3 .9 -1.3 -3.8 Oct.