U.S. producer prices up 0.2% in July

[mahatmakanejeeves]

Source: MarketWatch

Market Pulse

By Greg Robb
Senior economics reporter
Published: Aug 14, 2015 8:30 a.m. ET

WASHINGTON (MarketWatch) - U.S. producer prices moderated in July, rising a seasonally adjusted 0.2% after a 0.4% gain in the prior month, the Labor Department said Friday. Economists polled by MarketWatch had predicted a 0.1% rise in the PPI. Excluding the volatile categories of trade margins, food and energy, core wholesale prices rose 0.2% after a 0.3% gain in June. The prices of goods fell 0.1% while services rose 0.4%, the biggest gain since last October. Over the past 12 months, producer prices are 0.8% lower. The core rate has risen 0.9% over the last 12 months.


Read more: http://www.marketwatch.com/story/us-producer-prices-up-02-in-july-2015-08-14

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PPI for final demand rises 0.2% in July; services increase 0.4% and goods decline 0.1%

Economic News Release

Producer Price Index News Release
USDL-15-1561

Transmission of material in this release is embargoed until 8:30 a.m. (EDT), Friday, August 14, 2015

Technical information: [phone] * [e-mail] * www.bls.gov/ppi
Media contact: [phone] * [e-mail]


PRODUCER PRICE INDEXES - JULY 2015


The Producer Price Index for final demand advanced 0.2 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.4 percent in June and 0.5 percent in May. On an unadjusted basis, the final demand index moved down 0.8 percent for the 12 months ended in July, the sixth straight 12-month decline. (See table A.)

In July, the increase in the final demand index can be traced to prices for final demand services, which climbed 0.4 percent. In contrast, the index for final demand goods edged down 0.1 percent.

Within intermediate demand, prices for processed goods moved down 0.2 percent, the index for unprocessed goods fell 2.9 percent, and prices for services advanced 0.2 percent. (See tables B and C.)

Final Demand

Final demand services: The index for final demand services moved up 0.4 percent in July, the largest rise since a 0.6-percent increase in October 2014. In July, 60 percent of the broad-based advance can be traced to a 0.4-percent rise in the index for final demand services less trade, transportation, and warehousing. Margins for final demand trade services also climbed 0.4 percent, and the index for final demand transportation and warehousing services moved up 0.2 percent. (Trade indexes measure changes in margins received by wholesalers and retailers.)