(202) 606-7705 Release Is Embargoed Until — 1995-12-12

The Producer Price Index for Finished Goods increased 0.5 percent seasonally adjusted from October to November, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This followed a decrease of 0.1 percent in October and a 0.3 percent rise in September. Prices received by domestic producers of intermediate goods were unchanged over the month after moving down 0.2 percent in the previous month. Crude material prices rose 1.6 percent after increasing 0.3 percent in October. (See table A.) Among finished goods, the index for finished foods rose 1.2 percent in November after showing no change in October. Price declines for finished energy goods slowed from 0.9 percent in October to 0.5 percent in November, the sixth consecutive monthly decline. Prices for finished goods less foods and energy turned up 0.4 percent after registering no change in October. Motor vehicles accounted for three-fourths of this increase. Table A.