PPI for finished goods rises in December
The Producer Price Index for finished goods rose 1.1 percent in December, reports the U.S. Bureau of Labor Statistics.
This advance followed increases of 0.8 percent in November and 0.4 in October. It also marks the sixth straight rise in finished goods prices.
At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 1.0 percent, and the crude goods index increased 4.0 percent. On an unadjusted basis, prices for finished goods advanced 4.0 percent in 2010 after climbing 4.3 percent in 2009.
Click here to see the full report.
MORE FROM Trade Show Coverage
SUBSCRIBE & FOLLOW
- VIDEO: Giant-sized Jenga578 Views
- Mining industry expected to lose 53% of skilled workers by 2029380 Views
- Martin Marietta Materials elects President and CEO Ward Nye as chairman of the Board330 Views
- 110-year-old quarry demonstrates aggregate mining importance326 Views
- 7 Best Practices for Operating Mobile Equipment Near Embankments324 Views