Thursday, July 13, 2017

Producer Prices Increased 0.1% in June

Producer prices increased 0.1% in June, seasonally adjusted, after remaining unchanged in May, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.0% for the twelve months ended June 2017. 
The index for final demand goods increased 0.1% in June after falling 0.5% in the previous month. The index for final demand energy fell 0.5%, the second consecutive monthly decline. Prices for final demand foods climbed 0.6%. 

Prices for final demand services moved up 0.2% in June. Most of the increase can be traced to prices for final demand services less trade, transportation and warehousing, which advanced 0.3%.

Read the BLS release.
Visit Banks and the Economy.

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