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July 9, 2008    DOL Home > News Release Archives > OSEC/OPA 2000   

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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

Office of Public Affairs

OPA Press Release: Statement Of U.S. Labor Secretary Alexis M. Herman Regarding The July 2000 Producer Price Index [08/11/2000]

For more information call: 202-693-4650

I continue to be pleased with the "core" Producer Price Index for finished goods. As it has been since March of this year, the increase was moderate in July. The "core" Producer Price Index for finished goods, which excludes the volatile energy and food sectors, increased 0.1 percent in July, compared to a decline of 0.1 percent in June, increases of 0.2 percent in May and 0.1 percent in both March and April.

The Producer Price Index for finished goods showed signs of moderation with no change in July, after registering a 0.6 percent increase in June. Prices for finished energy goods fell 0.7 percent.

The Producer Price Index for intermediate goods increased by 0.2 percent in July, after posting an increase of 0.9 percent in June. Excluding food and energy, the increase in the "core" Producer Price Index for intermediate goods was moderate.

The Producer Price Index for crude goods fell by 1.1 percent in July, after increasing by 5.8 percent in June. The "core" Producer Price Index for crude goods fell by 1.8 percent in July, following declines in the previous four months.


Archived News Release--Caution: information may be out of date.




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