November 2011 Producer Price Index — 2011-12-15

The Producer Price Index for finished goods advanced 0.3 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Finished goods prices fell 0.3 percent in October and moved up 0.8 percent in September. At the earlier stages of processing, the index for intermediate goods rose 0.2 percent and crude goods prices increased 3.8 percent. On an unadjusted basis, the finished goods index advanced 5.7 percent for the 12 months ended November 2011, the smallest year-over-year rise since a 5.6-percent increase in March 2011. (See table A.) In November, the increase in the finished goods index was broad based with prices for finished consumer foods moving up 1.0 percent. The indexes for both finished goods less foods and energy and for finished energy goods inched up 0.1 percent. Finished foods: The index for finished consumer foods jumped 1.0 percent in November, the sixth consecutive monthly increase.