Price highlights 2005: higher energy prices again dominate producer prices: prices for finished goods as a whole rose at their fastest rate since 1990, with large price increases for energy goods accompanied by small advances for goods other than foods and energy.

From: Monthly Labor Review | Date: July 1, 2006| Author: | Copyright information

The producer price indexes for finished, intermediate, and crude goods all rose in 2005. The finished goods index, which tracks the change in prices for completed products ready to be sold for final use, advanced 5.4 percent after rising 4.2 percent in 2004. (See table 1.) The 2005 advance marked the largest year-to-year increase for finished goods prices since 1990. The index for intermediate goods, which reflects the change in prices for partially processed goods and supplies consumed in the production process, increased 8.6 percent in 2005 following a 9.2-percent advance in ...

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