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The Producer Price Index for Finished Goods moved up 0.2 percent in December, seasonally adjusted, the Bureau of Labor Statistics of the…
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The Producer Price Index for Finished Goods moved up 0.2 percent in December, seasonally adjusted, the Bureau of Labor Statistics of the U. S. Department of Labor reported today. This index increased 0.5 percent in November following declines in both October and September. Prices received by domestic producers of intermediate goods rose 0.3 percent in December after advancing 1.1 percent in the previous month. Crude material prices increased 0.3 percent after a 1.0 percent rise in November. (See table A.) Among finished goods in December, the index for energy goods turned down 1.5 percent following a 2.1 percent rise a month earlier. Price increases for finished consumer foods accelerated from 0.2 percent in November to 1.6 percent in December. Prices for finished goods other than foods and energy rose 0.2 percent, following a rise of 0.1 percent in November. Table A. Monthly and annual percent changes in selected stage-of- processing price indexes, seasonally adjusted.
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