March 16, 2011

PPI/CPI Up In February

The PPI for finished goods increased 1.6% in February.  That follows a rise of 0.9% in December and marks the largest increase in finished goods prices since a 1.9% advance in June 2009. 

The CPI increased 0.4% in January.  Over the last 12 months, the all items index increased 1.6% before seasonal adjustment.  Large increases were seen in grocery and energy.  Food increases were the largest in over 2 years.

Intermediate goods prices (prices paid by manufacturers) moved up 2.0% in February. 

Unadjusted, finished goods advanced 5.6% for the 12 months ended February 2011, the largest 12-month increase since a 5.9% rise in March 2010.

You can view the latest reports here.

http://www.bls.gov/news.release/pdf/cpi.pdf

http://www.bls.gov/news.release/pdf/ppi.pdf

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