June 2013 Producer Price Index — 2013-07-12

The Producer Price Index for finished goods increased 0.8 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods rose 0.5 percent in May and fell 0.7 percent in April. At the earlier stages of processing, prices received by manufacturers of intermediate goods advanced 0.5 percent in June, and the crude goods index was unchanged. On an unadjusted basis, prices for finished goods moved up 2.5 percent for the 12 months ended June 2013, the largest 12-month rise since a 2.8-percent increase in March 2012. (See table A.) In June, most of the broad-based rise in finished goods prices can be traced to the index for finished energy goods, which increased 2.9 percent. Also contributing to the advance in finished goods prices, the indexes for finished goods less foods and energy and for finished consumer foods both moved up 0.2 percent.