Wholesale Prices Increase 1.8% in November - Modern Distribution Management

Wholesale Prices Increase 1.8% in November

From November 2008 to November 2009, wholesale prices move up 2.4%.
The Producer Price Index for Finished Goods rose 1.8% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This increase followed a 0.3% advance in October and a 0.6% decrease in September. In November, at the earlier stages of processing, prices received by manufacturers of intermediate goods climbed 1.4%, and the crude goods index rose 5.7%. On an unadjusted basis, prices for finished goods moved up 2.4% for the 12 months ended November 2009, their first 12-month increase since November 2008.

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