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.
From our partners
Sandvik Construction launches the newly developed CH540 cone crusher - the latest…
MORE FROM Trade Show Coverage
SUBSCRIBE & FOLLOW
- Sand saves a construction worker's life499 Views
- Last second Christmas gift ideas for construction workers332 Views
- VIDEO: Caterpillar builds world’s tallest sand castle, then destroys it 288 Views
- Congress passes $1.1 trillion spending bill; cuts billions from federal construction accounts161 Views
- Mine pollution hurting fish habitats across America160 Views