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The Producer Price Index for Finished Goods declined 0.5 percent seasonally adjusted from August to September, the Bureau of Labor Statistics of…
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The Producer Price Index for Finished Goods declined 0.5 percent seasonally adjusted from August to September, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The September decline followed increases in each of the 3 preceding months. Prices received by domestic producers of intermediate goods rose 0.3 percent over the month following a 0.7 percent advance in August. Crude material prices fell 1.6 percent, the third consecutive monthly decrease. (See table A.) Among finished goods, the index for finished goods less foods and energy inched up 0.1 percent after rising 0.4 percent in August. In contrast, the indexes for energy goods and consumer foods declined after rising a month earlier. Table A. Monthly and annual percent changes in selected stage-of- processing price indexes, seasonally adjusted. Finish ed goods Change in Except finished Inter- goods foods from 12 mediateCrude and months Month Total Foods Energy energy ago goods goods (unadj.) 1993 Sept.
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