Wholesale prices increased 1.1% in March, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This advance followed a 0.3% rise in February and a 1.0% increase in January. The rise in the index for finished goods less foods and energy (core inflation) slowed to 0.2% from 0.5% in February.
For the 12 months ended March 2008, wholesale prices rose 6.9%. Over the same period, the index for finished energy goods increased 20.4%, prices for finished consumer foods moved up 5.8%, and the index for finished goods less foods and energy advanced 2.7%. For the 12 months ended in March, prices received by manufacturers of intermediate goods rose 10.5%, and the crude goods index advanced 31.4%.
For the first quarter 2008, wholesale …
Wholesale Prices Up 1.1% in March
Wholesale prices increased 1.1% in March, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This advance followed a 0.3% rise in February and a 1.0% increase in January. The rise in the index for finished goods less foods and energy (core inflation) slowed to 0.2% from 0.5% in February.
For the 12 months ended March 2008, wholesale prices rose 6.9%. Over the same period, the index for finished energy goods increased 20.4%, prices for finished consumer foods moved up 5.8%, and the index for finished goods less foods and energy advanced 2.7%. For the 12 months ended in March, prices received by manufacturers of intermediate goods rose 10.5%, and the crude goods index advanced 31.4%.
For the first quarter 2008, wholesale …
Share this article
- Filed In: Economic Trends, Research & Analytics, Subscriber Only
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
