Producer prices increase in January

The Producer Price Index for Finished Goods rose 1.6 percent in January 2003, seasonally adjusted. This increase followed a 0.1-percent decrease in December and a 0.3-percent decline in November.

[Chart data—TXT]

Among finished goods, the index for finished energy goods advanced 4.8 percent, following a 0.2-percent increase in December. Excluding prices for energy goods, the finished goods index rose 1.1 percent in January. The index for finished goods other than foods and energy advanced 0.9 percent, after posting a 0.5-percent decline in December.

From January 2002 to January 2003, prices for finished goods rose 2.8 percent.

These data are from the BLS Producer Price Index program. Find out more in "Producer Price Indexes, January 2003" (PDF) (TXT), news release USDL 03–81. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.