(202) 691-7705 This Release Is Embargoed — 2008-01-15

The Producer Price Index for Finished Goods declined 0.1 percent in December, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This decrease followed a 3.2-percent rise in November and a 0.1-percent advance in October. At the earlier stages of processing, prices received by producers of intermediate goods fell 0.2 percent in December after increasing 3.7 percent in the prior month, and the crude goods index moved up 1.0 percent following an 8.7-percent jump in November. (See table A.) 2007 Jan. -.6 1.0 -4.3 .2 .1 -.7 -5.5 Feb. 1.2 1.7 3.0 .4 2.4 .8 9.0 Mar. 1.0 1.6 3.8 -.1 3.1 1.2 2.6 Apr. .9 .5 3.3 .1 3.2 1.0 1.1 May .7 -.6 3.5 .2 3.9 1.2 1.3 June .1 -.4 -.2 .2 3.3 .4 1.1 July .7 .1 2.5 .3 4.2 .8 .5 Aug. r -1.4 r -.2 r -6.7 .1 r 2.3 -1.3 r -3.6 Sept.