Producer Price Index Falls 0.2% for December

The seasonally adjusted Producer Price Index for finished goods fell 0.2% in December, according to a Labor Department report [link opens in PDF] released today. After a significant rise in prices over the summer, this newest report signifies the third straight month of price decreases. Market analysts had expected a 0.1% drop.

Excluding price changes for food and energy, December's finished goods index managed a 0.1% increase.

Source: Labor Department. 

Long-term trends paint a rosier picture, with finished goods increasing 1.3% in price since December 2011. Minus food and energy, the increase reaches 2%. 

Earlier up the supply chain, price changes have more directly benefited crude and intermediate goods. The crude goods index increased 2.5% in December, while intermediate goods bumped up 0.3%. Jumps in energy materials and goods were the main drivers behind these price increases. 


The article Producer Price Index Falls 0.2% for December originally appeared on

You can follow Justin Loiseau on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.