facebook
twitter
rss
account
search
search

Producer price index down in November

Dec. 13, 2012 at 11:52 AM   |   Comments

WASHINGTON, Dec. 13 (UPI) -- The U.S. Producer Price Index for finished goods fell 0.8 percent in November, the Bureau of Labor Statistics reported Thursday.

On a 12-month unadjusted basis, prices were up 1.5 percent, a drop from October's unadjusted annual rate of 2.3 percent.

Food prices were up 1.3 percent in November, climbing for the sixth consecutive month. In November, energy prices dropped for the second consecutive month, falling 4.6 percent after sliding 0.5 percent in October.

Core prices, which exclude food and energy items, rose 0.1 percent October to November.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Army receives first advanced CH-47F helicopter variant
2
Iraq seeks U.S. missiles, helicopter support
3
French Army flight tests latest Tiger attack helo
4
Talon rocket tests successfully from attack helo
5
New gas processing slated for North Dakota
Trending News
Video
x
Feedback