July 2013 Producer Price Index — 2013-08-14

The Producer Price Index for finished goods was unchanged in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods moved up 0.8 percent in June and 0.5 percent in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods also were unchanged in July, and the crude goods index rose 1.2 percent. On an unadjusted basis, prices for finished goods advanced 2.1 percent for the 12 months ended July 2013. (See table A.) The index for finished goods was unchanged in July as a 0.1-percent rise in prices for finished goods less foods and energy was offset by a 0.2-percent decrease in the index for finished energy goods. Prices for finished consumer foods were unchanged. Finished core: The index for finished goods less foods and energy edged up 0.1 percent in July, the ninth consecutive increase. The July advance was led by prices for pharmaceutical preparations, which rose 1.0 percent.