June Producer Price Index

June Producer Price Index

July 18, 2006

7/18/2006 – U.S. producer prices increased by 0.5% in June. This followed advances of 0.2% in May and 0.9% in April. Core inflation rose 0.2%. Higher energy and food prices accounted for most of the gain in June in the producer price index for finished goods. Energy prices increased 0.7% in June, as wholesale gasoline prices rose 6.3%. Natural gas and residential electricity prices fell. Food prices rose 1.4%, the most since October 2004. Read the full government report at the Bureau of Labor Statistics website or you can download the PDF file here.

John Rutledge

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