(202) 691-7705 This Release Is Embargoed — 2007-09-18

The Producer Price Index for Finished Goods fell 1.4 percent in August, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This decrease followed a 0.6-percent increase in July and a 0.2-percent decline in June. At the earlier stages of processing, prices received by manufacturers of intermediate goods moved down 1.2 percent in August compared with a 0.6-percent advance in July, and the crude goods index dropped 3.0 percent after climbing 1.2 percent in the prior month. (See table A.) 2007 Jan. -.6 1.0 -4.3 .2 .1 -.7 -5.5 Feb. 1.2 1.7 3.0 .4 2.4 .8 9.0 Mar. 1.0 1.6 3.8 -.1 3.1 1.2 2.6 Apr. r .9 .5 r 3.3 .1 3.2 1.0 r 1.1 May r .8 -.2 r 4.0 .2 4.1 1.1 r 1.5 June -.2 -.8 -1.1 .3 3.3 .5 .3 July .6 -.1 2.5 .1 4.0 .6 1.2 Aug. -1.4 -.2 -6.6 .2 2.2 -1.2 -3.0 r=revised.