(202) 691-7705 This Release Is Embargoed — 2007-08-14

The Producer Price Index for Finished Goods advanced 0.6 percent in July, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 0.2-percent decline in June and a 0.9-percent rise in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods rose 0.6 percent in July compared with a 0.5-percent gain in June, and the index for crude materials climbed 1.2 percent subsequent to a 0.3-percent increase a month earlier. (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 r 1.6 r 3.8 r -.1 r 3.1 r 1.2 r 2.6 Apr. r .8 r .5 r 3.2 r .1 3.2 r 1.0 r .6 May .9 -.2 4.1 .2 4.1 1.1 2.0 June -.2 -.8 -1.1 .3 3.3 .5 .3 July .6 -.1 2.5 .1 4.0 .6 1.2 r=revised.