United States

Department 

of Labor 

Bureau of Labor Statistics Washington, D.C. 20212 

FOR DATA ONLY: (202) 691-5200 USDL 03-167 

FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN 

(202) 691-7705 THIS RELEASE IS EMBARGOED 

MEDIA CONTACT: (202) 691-5902 UNTIL 8:30 A.M. (EDT), FRIDAY, 

http://www.bls.gov/ppi APRIL 11, 2003 

Producer Price Indexes -- March 2003 

The Producer Price Index for Finished Goods advanced 1.5 percent in March, seasonally adjusted, the 

Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 1.0-

percent gain in February and a 1.6-percent rise in January. At the earlier stages of processing, prices for 

intermediate goods moved up 2.0 percent, after increasing 2.1 percent in the prior month. The crude goods 

index jumped 13.3 percent, following a 4.8-percent gain in February. (See table A.) 

Table A. Monthly and annual percent changes in selected stage-of-processing price 

indexes, seasonally adjusted

Finished goods 

Month Total Foods Energy

Except 

foods and

energy 

Change in 

finished goods 

from 12 months

ago (unadj.) 

Intermediate

goods 

Crude

goods 

2002

Mar. 0.8 0.6 4.6 -0.1 -1.6 0.7 5.2

Apr. -.1 -2.9 3.1 .1 -2.1 .9 4.3

May -.4 -.3 -2.3 0 -2.9 -.3 .7

June .1 .2 .1 .1 -2.3 .2 -3.8

July 0 -.1 1.1 -.3 -1.2 .2 .8

Aug. 0 -.4 1.4 -.1 -1.5 .4 1.8

Sept. .3 -.4 1.2 .3 -1.8 .5 2.2

Oct. .8 .4 3.4 .3 .7 .7 2.2

Nov. r -.3 .4 r -1.6 r -.1 r 1.0 r -.1 r 3.7 

Dec. r -.2 .4 r -.1 -.5 1.2 -.2 r 3.2 

2003

Jan. 1.6 1.6 4.8 .9 2.8 1.3 6.9

Feb. 1.0 .6 7.4 -.5 3.5 2.1 4.8

Mar. 1.5 .1 5.7 .7 4.2 2.0 13.3

r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously 

reported because data for November 2002 have been revised to reflect the availability of late reports and 

corrections by respondents.
-2- 

 Over half of the March increase in the Producer Price Index for Finished Goods was due to prices for 

finished energy goods, which rose 5.7 percent after advancing 7.4 percent in February. Most of the remaining 

upward movement in March's finished goods index can be traced to a 0.7-percent increase in prices for finished 

goods other than foods and energy, reflecting higher prices for passenger cars and light motor trucks. The 

finished consumer foods index edged up 0.1 percent in March, after climbing 0.6 percent in February. 

 During the first quarter of 2003, prices for finished goods advanced at a seasonally adjusted annual rate 

of 17.4 percent, after rising at a 1.2-percent rate during the final three months of 2002. Excluding prices for 

foods and energy, the finished goods index increased at a 4.6-percent seasonally adjusted annual rate for the 

three months ended March 2003, following a 1.3-percent rate of decline in the last quarter of 2002. Among 

prices for raw and partially processed goods, the intermediate goods index moved up at a 23.8-percent 

seasonally adjusted annual rate during the first quarter of 2003, after advancing at a 1.9-percent rate in the last 

three months of 2002. The seasonally adjusted annual rate of increase for crude goods prices accelerated from 

43.0 percent to 159.9 percent from the final quarter of 2002 to the first quarter of 2003. (See summary below.) 

 Before seasonal adjustment, the Producer Price Index for Finished Goods increased 1.4 percent to 144.5 

(1982 = 100). From March 2002 to March 2003, prices for finished goods rose 4.2 percent. During the same 

period, the finished energy goods index jumped 26.5 percent and prices for finished goods other than foods and 

energy moved up 0.9 percent. By contrast, the index for finished consumer foods declined 0.6 percent for the 

12 months ended March 2003. At the earlier stages of processing, intermediate goods prices climbed 8.0 

percent and the crude goods index soared 47.3 percent. 

Summary of December-to-December and 3-month seasonally adjusted annual rates for selected stages of process 

Seasonally adjusted annual rate for 3 

months ended in: Percentage change 12 

months ended in 

December Grouping 

2000 2001 2002 

June 

2002 

Sept. 

2002 

Dec. 

2002 

Mar. 

2003 

Finished goods 3.6 -1.6 1.2 -1.7 1.2 1.2 17.4

 Finished consumer foods 1.7 1.8 -.6 -11.4 -3.7 5.0 9.2

 Finished energy goods 16.6 -17.1 11.9 3.3 15.9 6.8 100.1

 Finished goods less foods and energy 1.3 .9 -.4 .8 -.5 -1.3 4.6

 Finished consumer goods, excluding 

 foods and energy 1.4 1.5 -.1 1.8 -.5 -.8 4.4

 Capital equipment 1.2 0 -.9 -.9 -.6 -1.7 4.7

Intermediate materials, supplies, and 

 components 4.1 -4.0 3.2 3.2 4.8 1.9 23.8

 Intermediate foods and feeds 3.6 .3 4.5 -2.1 13.2 5.9 6.9

 Intermediate energy goods 19.0 -16.9 11.4 11.7 15.6 5.0 158.9

 Intermediate materials less foods and energy 1.6 -1.6 1.6 1.8 2.4 1.2 5.1

 Materials for nondurable manufacturing 4.1 -5.5 4.3 7.5 9.0 .6 24.4

 Materials for durable manufacturing .2 -4.0 3.2 3.3 3.6 2.6 1.6

 Materials and components for construction .1 0 .8 1.3 2.1 -1.3 2.1

Crude materials for further processing 35.5 -32.5 26.1 4.3 20.9 43.0 159.9

 Foodstuffs and feedstuffs 7.4 -7.6 4.4 -26.3 15.4 10.9 15.8

 Crude energy materials 85.6 -52.9 66.1 40.1 37.5 110.8 528.0

 Crude nonfood materials less energy -5.5 -9.9 12.4 30.2 4.4 7.1 20.3

NOTE: Late reports and corrections by respondents may cause some indexes to change 4 months after original 

publication. In addition, seasonally adjusted indexes may be revised for 5 years, due to the recalculation of 

seasonal factors each January. 
-3- 

Finished goods

 Prices for finished energy goods moved up 5.7 percent in March, following a 7.4-percent increase in the 

previous month. The gasoline index rose 4.6 percent, after jumping 18.8 percent in February. Prices for 

liquefied petroleum gas, home heating oil, diesel fuel, and kerosene also advanced at a slower pace than they 

did a month earlier. By contrast, the rate of increase in the index for residential natural gas accelerated from 4.8 

percent in February to 15.2 percent in March. Prices for residential electric power also rose more than they did 

in the prior month. The finished energy goods index surged at a 100.1-percent seasonally adjusted annual rate 

from December 2002 to March 2003, after advancing at a 6.8-percent rate in the final quarter of 2002. 

 Prices for finished consumer goods other than foods and energy turned up 0.7 percent in March, after 

falling 0.5-percent in the previous month. The light motor trucks index rose 5.2 percent, compared with a 3.9-

percent decrease in February. Prices charged by passenger car manufacturers rose 3.3 percent in March, 

following a 0.6-percent decline in the prior month. February price declines preceded March increases for 

women’s apparel, pharmaceutical preparations, alcoholic beverages, and men’s and boys’ apparel. The index 

for cigarettes moved up, after showing no change in February. On the other hand, prices for sanitary papers and 

health products dropped 5.2 percent in March, compared with a 0.1-percent decrease a month earlier. The 

newspaper circulation index showed no change, after going up in the previous month. Prices for soaps and 

synthetic detergents and jewelry (platinum and karat gold) turned down, following February increases. Prices 

for finished consumer goods excluding foods and energy advanced at a 4.4-percent seasonally adjusted annual 

rate in the first quarter of 2003, after posting a 0.8-percent rate of decline in the last quarter of 2002. 

Table B. Monthly and annual percent changes in selected price indexes for intermediate goods 

and crude goods, seasonally adjusted

Intermediate goods Crude goods 

Month Foods Energy 

Except 

foods and 

energy 

Change in 

intermediate

goods from 

12 months 

ago 

(unadj.) Foods 

Energy

(unadj.)

Except 

foods and 

energy 

Change in 

crude goods 

from 

12 months 

ago 

(unadj.) 

2002 

Mar. 0.4 3.6 0.2 -3.5 -0.5 16.9 0.5 -21.6

Apr. -.7 4.5 .2 -2.7 -6.1 19.4 1.9 -18.6

May -.9 -2.0 0 -3.2 -.1 .9 1.9 -16.3

June 1.1 .3 .2 -2.8 -1.2 -9.7 2.8 -12.4

July 1.3 0 .2 -1.5 .6 .3 1.7 -6.2

Aug. .7 1.5 .2 -1.0 1.7 3.2 -.4 -3.8

Sept. 1.1 2.2 .1 -.6 1.3 4.6 -.2 3.1

Oct. -.3 3.4 .2 1.6 .2 5.1 .3 15.4

Nov. r .5 -1.2 r .1 r 2.4 r 1.1 r 7.8 r 1.4 r 13.7

Dec. r 1.3 -1.0 r 0 3.2 r 1.3 r 6.3 r .1 26.1

2003 

Jan. 1.3 6.1 .3 4.5 5.4 11.0 1.0 29.3

Feb. .7 8.5 .7 6.7 .7 9.3 2.7 36.8

Mar. -.2 10.2 .2 8.0 -2.3 30.5 1.0 47.3

r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because 

data for November 2002 have been revised to reflect the availability of late reports and corrections by respondents. 
-4- 

 The capital equipment index increased 0.8 percent in March, following a 0.4-percent decline in the prior 

month. Prices for light motor trucks, passenger cars, x-ray and electromedical equipment, and printing trades 

machinery also advanced, following decreases in the previous month. The electronic computer and heavy 

motor truck indexes fell less in March than they did in February, while civilian aircraft prices climbed at a 

quicker rate than they did a month earlier. Partially offsetting these accelerating prices for capital equipment, 

the communication and related equipment index turned down 0.4 percent in March, compared with a 0.5-

percent gain in the previous month. Prices for commercial furniture and plastic working machinery also fell, 

after rising in February. The March index for integrating and measuring instruments rose less than it did in the 

prior month. During the first three months of 2003, the capital equipment index rose at a 4.7-percent seasonally 

adjusted annual rate, compared with a 1.7-percent rate of decrease in the fourth quarter of 2002. 

 The finished consumer foods index inched up 0.1 percent in March, following a 0.6-percent increase in 

the previous month. Rising prices for fresh and dry vegetables, processed young chickens, eggs for fresh use, 

and for finfish and shellfish outweighed falling prices for fresh fruits and melons, pork, dairy products, 

processed fruits and vegetables, processed turkeys, and bakery products. The index for finished consumer foods 

increased at a 9.2-percent seasonally adjusted annual rate in the first quarter of 2003, after moving up at a 5.0-

percent rate in the last three months of 2002. 

Intermediate goods 

 The index for Intermediate Materials, Supplies, and Components advanced 2.0 percent in March, after 

rising 2.1 percent in February. Price increases for intermediate energy goods and nondurable manufacturing 

materials more than offset declining prices for materials for durable manufacturing, materials and components 

for construction, and intermediate foods and feeds in March. The index for intermediate goods other than foods 

and energy went up 0.2 percent in March, after rising 0.7 percent in February. (See table B.) 

 The index for intermediate energy goods jumped 10.2 percent in March, following an 8.5-percent 

advance in the prior month. Prices for utility natural gas led this acceleration. Industrial natural gas prices 

increased 24.8 percent, after rising 6.1 percent; the commercial natural gas index advanced 20.2 percent, 

compared with a 5.1-percent gain in February; and prices for natural gas to electric utilities surged 54.7 percent 

in March, following a 26.4-percent increase in February. Likewise, the indexes for industrial electric power and 

jet fuels rose at a faster pace in March than they did in the previous month. By contrast, the index for gasoline 

increased 4.6 percent in March, following an 18.8-percent gain in February. Prices for diesel fuel, residual fuel, 

liquefied petroleum gas, and home heating oil also rose at a slower rate in March than they did a month earlier. 

Prices for intermediate energy goods advanced at a 158.9-percent seasonally adjusted annual rate from 

December 2002 to March 2003, after registering a 5.0-percent rate of increase during the previous three months. 

 The index for materials for nondurable manufacturing increased 0.7 percent in March, after climbing 3.4 

percent in the preceding month. Prices for primary basic organic chemicals rose 1.0 percent, compared with a 

19.3-percent gain in February. The indexes for plastic resins and materials and paperboard turned down in 

March. Prices for both finished fabric and gray fabric dropped at a faster pace in March than they did in the 

previous month. On the other hand, the fertilizer materials index rose at a faster rate in March than it did in 

February. Prices for ethanol and medicinal and botanical chemicals also moved up at a faster pace in March. 

The indexes for inedible fats and oils and synthetic rubber turned up in March. From December 2002 to March 

2003, the index for materials for nondurable manufacturing advanced at a 24.4-percent seasonally adjusted 

annual rate, following a 0.6-percent annual rate of increase during the final quarter of 2002. 
-5- 

 After posting a 0.6-percent gain in February, the index for materials for durable manufacturing fell 0.3 

percent. Hot rolled steel sheet and strip prices turned down 2.0 percent in March, following a 0.3-percent 

increase in the prior month. The index for primary nonferrous metals (except precious) advanced at a slower 

pace in March than it did a month earlier. Prices for building paper and board and for copper and brass mill 

shapes turned down in March. On the other hand, the index for hot rolled steel bars, plates, and structural 

shapes advanced 0.9 percent, after posting a 0.7-percent decline in February. Prices for semi-finished steel mill 

products and flat glass also turned up in March. The index for materials for durable manufacturing increased at 

a seasonally adjusted annual rate of 1.6 percent during the first quarter of 2003, after rising at a 2.6-percent 

annual rate in the previous quarter. 

 The index for materials and components for construction turned down 0.1 percent in March, after 

posting a 0.3-percent rise in the preceding month. Paving mixture and block prices inched down 0.1 percent, 

following a 4.1-percent gain in February. The index for softwood lumber fell at faster rate in March than it did 

in the previous month. Prices for steel mill products, gypsum products, and mineral wool for structural 

insulation turned down in March. Alternatively, the index for plastic construction products rose 0.7 percent, 

compared with a 0.1-percent increase in February. Prices for fabricated structural metal products and 

nonferrous wire and cable turned up in March. The asphalt felts and coatings index advanced at a faster pace in 

March than it did in February. During the first quarter of 2003, prices for materials and components for 

construction advanced at a 2.1-percent seasonally adjusted annual rate, following a 1.3-percent annual rate of 

decline during the prior quarter. 

 Subsequent to a 0.7-percent gain in February, the index for intermediate foods and feeds declined 0.2 

percent in March. Beef and veal prices turned down 0.2 percent in March, after rising 2.2 percent in the prior 

month. The indexes for confectionery materials, flour, and pork also turned down in March. By contrast, dry 

milk product prices fell 0.2 percent, following a 6.7-percent decline in February. The indexes for fluid milk 

products and crude vegetable oils decreased at a slower rate in March than they did a month earlier. From 

December 2002 to March 2003, prices for intermediate foods and feeds rose at a 6.9-percent seasonally adjusted 

annual rate, after increasing at a 5.9-percent annual rate for the previous quarter. 

Crude goods

 The Producer Price Index for Crude Materials for Further Processing climbed 13.3 percent in March, 

following a 4.8-percent increase in February. This is the ninth consecutive gain in crude goods prices and their 

largest rise since a 17.4-percent advance in January 2001. March's acceleration for the crude goods index was 

due to prices for crude energy materials, which also rose at a faster pace than they did in February. By contrast, 

the index for crude foodstuffs and feedstuffs turned down in March, while prices for basic industrial materials 

advanced at a slower rate than they did a month earlier. (See table B.) 

 The crude energy materials index moved up 30.5 percent, after advancing 9.3 percent in the previous 

month. Natural gas prices rose 51.0 percent in March, the largest increase since a 56.4-percent jump in 

November 2001. In February, natural gas prices rose 11.5 percent. Coal prices turned up 1.0 percent, following 

a 2.8-percent decline in the preceding month. On the other hand, the crude petroleum index advanced 3.3 

percent in March, after rising 10.0 percent a month earlier. During the first quarter of 2003, prices for crude 

energy materials increased at a 528.0-percent seasonally adjusted annual rate, after rising at a 110.8-percent rate 

for the previous calendar quarter. 
-6- 

 The index for crude foodstuffs and feedstuffs moved down 2.3 percent in March, compared with a 0.7-

percent gain in February. Corn prices dropped 5.0 percent, after rising 8.1 percent in the previous month. The 

indexes for slaughter hogs, wheat, and slaughter broilers and fryers also turned down. Prices for fluid milk and 

slaughter cattle fell more quickly in March than they did a month earlier, while the March index for soybeans 

increased at a slower pace over the same period. Alternatively, prices for fresh and dry vegetables climbed 15.9 

percent, following an 11.7-percent decline in the preceding month. The indexes for unprocessed shellfish and 

raw cane sugar rose at a faster rate in March than they did in the prior month. Subsequent to a 10.9-percent 

seasonally adjusted annual rate of advance during the fourth quarter of 2002, prices for crude foodstuffs and 

feedstuffs increased at a 15.8-percent rate during the first quarter of 2003. 

 The index for crude nonfood materials less energy, which rose 2.7 percent in February, increased 1.0 

percent in March. Prices for iron and steel scrap advanced 5.1 percent, after jumping 11.7 percent in the 

previous month. Leaf tobacco prices fell at a faster rate in March than they did a month earlier. The indexes for 

nonferrous metal ores, hides and skins, and pulpwood turned down, following February gains. Price increases 

for raw cotton slowed in March. Conversely, the index for wastepaper moved up 8.1 percent, after rising 0.3 

percent in the preceding month. Prices for phosphates and copper base scrap also advanced at a faster rate than 

they did in the prior month. For the calendar quarter ended March 2003, the index for crude nonfood materials 

less energy jumped at a 20.3-percent seasonally adjusted annual rate, which followed a 7.1-percent annual rate 

of increase in the calendar quarter ended December 2002. 

Net output price indexes for mining, manufacturing, and services industries

Mining. The Producer Price Index for the Net Output of Total Mining Industries jumped 24.3 percent in 

March, following an 8.9-percent gain in February. (Net output price indexes are not seasonally adjusted.) The 

index for the natural gas liquids and natural gas residue industry climbed 36.5 percent in March, following an 

8.1-percent rise in February. Prices received by the crude petroleum and natural gas industry and the 

bituminous coal underground mining industry also rose at a faster pace in March than they did a month earlier. 

The industry indexes for bituminous coal and lignite surface mining and for kaolin and ball clay turned up in 

March. By contrast, the industry index for oil and gas well drilling posted a 1.6-percent decline, after rising 0.7 

percent in February. The industry indexes for gold ores, industrial sand, and anthracite mining turned down in 

March. In the first quarter of 2003, the Producer Price Index for the Net Output of Total Mining Industries rose 

at a 376.6-percent annual rate, compared with a 77.9-percent rate of increase in the last quarter of 2002. In 

March, this index was 170.8 (December 1984=100), 95.2 percent above its year-ago level. 

Manufacturing. The Producer Price Index for the Net Output of Total Manufacturing Industries increased 0.8 

percent in March, following a 1.4-percent advance in February. The petroleum refining and related products 

industry group index advanced 5.6 percent, after an 18.8-percent gain in the previous month. The industry 

group indexes for food and kindred products, paper and allied products, and lumber and wood products (except 

furniture) turned down in March. On the other hand, the industry group index for transportation equipment 

turned up 1.7 percent in March, following a 0.7-percent decline in the preceding month. The electrical and 

electronic machinery, equipment, and supplies index also turned up in March. The industry group indexes for 

rubber and miscellaneous plastic products and for chemicals and allied products rose at a faster rate in March 

than they did in February. In the first quarter of 2003, the Producer Price Index for the Net Output of Total 

Manufacturing Industries rose at a 15.1-percent annual rate, compared with a 2.6-percent rate of decline in the 

last quarter of 2002. In March, this index was 138.9 (December 1984=100), 4.6 percent above its year-ago 

level. 
-7- 

Services. Among service industries, prices received by the industries for property and casualty insurance, hotels 

and motels, general medical and surgical hospitals, and trucking, except local, increased in March. 

Alternatively, the industry indexes for life insurance carriers, operators and lessors of nonresidential buildings, 

prepackaged software, and passenger car rental fell in February. 

***** 

Producer Price Index data for April 2003 will be 

released on Thursday, May 15, 2003, at 8:30 a.m. (EDT). 

NAICS Conversion 

The net output price indexes will be converted from the 1987 Standard Industrial Classification (SIC) 

basis to the 2002 North American Industry Classification System (NAICS) basis with the February 2004 release 

of January 2004 indexes. The NAICS conversion involves major definitional changes to many of the currently 

published SIC-based indexes. After the conversion to NAICS, SIC-based indexes will no longer be produced or 

published. Historical index data based on the NAICS publication structure will be available depending on the 

scope of the definitional changes between SIC and NAICS. 

For more information contact the Division of Industrial Prices and Price Indexes, Section of Index 

Analysis and Public Information at ppi-info@bls.gov or (202) 691-7705. 
Technical Note

Brief Explanation of Producer Price Indexes 

 The term Producer Price Index (PPI) refers to a family of indexes that measure the average change over time 

in the selling prices received by domestic producers of goods and services. PPIs measure price change from the 

perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI); CPIs 

measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to 

government subsidies, sales and excise taxes, and distribution costs. 

 More than 10,000 PPIs for individual products and groups of products are released each month. PPIs are 

available for the products of virtually every industry in the mining and manufacturing sectors of the U.S. 

economy. New PPIs are gradually being introduced for the products of industries in the transportation, utilities, 

trade, finance, and services sectors of the economy. 

 More than 100,000 price quotations per month are organized into three sets of producer price indexes: (1) 

stage-of-processing indexes; (2) commodity indexes; and (3) indexes for the net output of industries and their 

products. The stage-of-processing structure (tables 1, 2, and 5) organizes products by class of buyer and degree 

of fabrication. The commodity structure (tables 2 and 3) organizes products by similarity of end-use or material 

composition. The entire output of various industries is sampled to derive price indexes for the net output of 

industries and their products (table 4). 

 Within the stage-of-processing system, finished goods are commodities that will not undergo further 

processing and are ready for sale to the final demand user, either an individual consumer or business firm. 

Consumer foods include unprocessed foods such as eggs and fresh vegetables, as well as processed foods such 

as bakery products and meats. Other finished consumer goods include durable goods such as automobiles, 

household furniture, and appliances; and nondurable goods such as apparel and home heating oil. Capital 

equipment includes producer durable goods such as heavy motor trucks, tractors, and machine tools. 

 The stage-of-processing category for intermediate materials, supplies, and components consists partly of 

commodities that have been processed but require further processing. Examples of such semifinished goods 

include flour, cotton yarn, steel mill products, and lumber. The intermediate goods category also encompasses 

nondurable physically complete items purchased by business firms as inputs for their operations. Examples 

include diesel fuel, belts and belting, paper boxes, and fertilizers. 

 Crude materials for further processing are products entering the market for the first time that have not been 

manufactured or fabricated and that are not sold directly to consumers. Crude foodstuffs and feedstuffs include 

items such as grains and livestock. Examples of crude nonfood materials include raw cotton, crude petroleum, 

coal, hides and skins, and iron and steel scrap. 

 Producer price indexes for the net output of industries and their products are grouped according to the 

Standard Industrial Classification (SIC). Industry price indexes are compatible with other economic time series 

organized by SIC codes, such as data on employment, wages, and productivity. Table 4 lists indexes for the net 

output of major mining and manufacturing industry groups at the 2-digit level. 

 Producer price indexes are based on selling prices reported by establishments of all sizes selected by 

probability sampling, with the probability of selection proportionate to size. Individual items and transaction 

terms from these firms are also chosen by probability proportionate to size. BLS strongly encourages 

cooperating companies to supply actual transaction prices at the time of shipment to minimize the use of list 

prices. Prices are normally reported by mail questionnaire for the Tuesday of the week containing the 13th. 

 
 Price data are provided on a voluntary and confidential basis; no one but sworn BLS employees are allowed 

access to individual company price reports. The Bureau publishes price indexes instead of unit dollar prices. 

All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect 

the availability of late reports and corrections by respondents. 

 The BLS periodically updates the PPI sample of survey respondents to better reflect current conditions when 

the structure, membership, technology, or product mix of an industry shifts significantly and to spread reporting 

burden among smaller firms. Results of these resampling efforts are incorporated into the PPI every January 

and July. 

 As part of an ongoing effort to expand coverage to sectors of the economy other than mining and 

manufacturing, an increasing number of service sector industries have been introduced into the PPI. The 

following list of recently introduced service industries includes the month in which an article describing the 

industry's content appeared in the PPI Detailed Report: 

PPI Detailed 

Industry SIC Report Issue 

Wireless Telecommunications................................... 4812 July 1999 

Telephone Communications, Except Radio Telephone....... 4813 July 1995 

Television Broadcasting .......................................... 4833 July 2002 

Grocery Stores..................................................... 5411 July 2000 

Meat and Fish (Seafood) Markets .............................. 5421 July 2000 

Fruit and Vegetable Markets.................................... 5431 July 2000 

Candy, Nut, and Confectionery Stores......................... 5441 July 2000 

Retail Bakeries..................................................... 5461 July 2000 

Miscellaneous Food Stores....................................... 5499 July 2000 

New Car Dealers................................................... 5511 July 2000 

Gasoline Service Stations......................................... 5541 January 2002 

Boat Dealers......................................................... 5551 January 2002 

Recreational Vehicle Dealers.................................... 5561 January 2002 

Miscellaneous Retail.............................................. 59 January 2001 

Security Brokers, Dealers, and Investment Bankers......... 6211 January 2001 

Investment Advice................................................................... 6282 January 2003 

Life Insurance Carriers........................................... 6311 January 1999 

Property and Casualty Insurance................................ 6331 July 1998 

Insurance Agencies and Brokerages.................................. 6412 January 2003 

Operators and Lessors of Nonresidential Buildings.......... 6512 January 1996 

Real Estate Agents and Managers.............................. 6531 January 1996 

Prepackaged Software............................................ 7372 January 1998 

Data Processing Services......................................... 7374 January 2002 

Home Health Care Services...................................... 8082 January 1997 

Legal Services...................................................... 8111 January 1997 

Engineering Design, Analysis, and Consulting Services..... 8711 January 1997 

Architectural Design, Analysis, and Consulting Services... 8712 January 1997 

Premiums for Property and Casualty Insurance............... 9331 July 1998 
 Weights for most traditional commodity groupings of the PPI, as well as all indexes (such as stage-ofprocessing indexes) calculated from traditional commodity groupings, currently reflect 1992 values of 

shipments as reported in the Census of Manufactures and other sources. From January 1992 through December 

1995, PPI weights were derived from 1987 shipment values. Industry indexes shown in table 4 are also now 

calculated with 1992 net output weights. This periodic update of the value weights used to calculate the PPI is 

done to more accurately reflect changes in production and marketing patterns in the economy. 

 Net output values of shipments are used as weights for industry indexes. Net output values refer to the value 

of shipments from establishments in one industry to establishments classified in another industry. However, 

weights for commodity price indexes are based on gross shipment values, including shipment values between 

establishments within the same industry. As a result, broad commodity grouping indexes such as the all 

commodities index are affected by the multiple counting of price change at successive stages of processing, 

which can lead to exaggerated or misleading signals about inflation. Stage-of-processing indexes partially 

correct this defect, but industry indexes consistently correct for this at all levels of aggregation. Therefore, 

industry and stage-of-processing indexes are more appropriate than broad commodity groupings for economic 

analysis of general price trends. 

 Effective with publication of January 1988 data, many important PPI series (including stage-of-processing 

groupings and most commodity groups and individual items) were placed on a new reference base, 1982=100. 

From 1971 through 1987, the standard reference base for most PPI series was 1967=100. Except for rounding 

differences, the shift to the new reference base did not alter any changes to previously published percent 

changes for affected PPI series. (See "Calculating Index Changes," below.) The new reference base is not used 

for indexes with a base later than December 1981, nor for indexes for the net output of industries and their 

products. 

 For further information on the underlying concepts and methodology of the Producer Price Index, see 

chapter 14, "Producer Prices," in BLS Handbook of Methods (April 1997), Bulletin 2490. Reprints are available 

from the Bureau of Labor Statistics on request. 
Calculating Index Changes 

 Each index measures price changes from a reference period which equals 100.0 (1982 or some later month). 

An increase of 5.5 percent from the reference period in the Finished Goods Price Index, for example, is shown 

as 105.5. This change can also be expressed in dollars as follows: "Prices received by domestic producers of a 

systematic sample of finished goods have risen from $100 in 1982 to $105.50 today." Likewise, a current index 

of 90.0 would indicate that prices received by producers of finished goods today are 10 percent lower than they 

were in 1982. 

 Movements of price indexes from one month to another are usually expressed as percent changes rather than 

as changes in index points because index point changes are affected by the level of the index in relation to its 

base period, whereas percent changes are not. The example below shows the computation of index point and 

percent changes. 

 Index point change 

 Finished Goods Price Index 107.5 

 Less previous index 104.0 

 Equals index point change 3.5 

 Index percent change 

 Index point change 3.5 

 Divided by the previous index 104.0 

 Equals 0.034 

 Result multiplied by 100 0.034 x 100 

 Equals percent change 3.4 

 

 

Seasonally Adjusted and Unadjusted Data 

 Because price data are used for different purposes by different groups, the Bureau of Labor Statistics 

publishes seasonally adjusted and unadjusted changes each month. Seasonally adjusted data are preferred for 

analyzing general price trends in the economy because they eliminate the effect of changes that normally occur 

at about the same time and in about the same magnitude every year--such as price movements resulting from 

normal weather patterns, regular production and marketing cycles, model changeovers, seasonal discounts, and 

holidays. For these reasons, seasonally adjusted data more clearly reveal underlying cyclical trends. 

 Unadjusted data are of primary interest to users who need information that can be related to actual dollar 

values of transactions. Individuals requiring this information include marketing specialists, purchasing agents, 

budget and cost analysts, contract specialists, and commodity traders. It is the unadjusted data that are generally 

cited in escalating long-term contracts such as purchasing agreements or real estate leases. (See Escalation and 

Producer Price Indexes: A Guide for Contracting Parties, BLS Report 807, September 1991, available on 

request from BLS.) 

 For more information, see (1) "Appendix A: Seasonal Adjustment Methodology at BLS," in the BLS 

Handbook of Methods (April 1997), Bulletin 2490 and (2) "Summary of Changes to the PPI's Seasonal 

Adjustment Methodology" in the January 1995 issue of Producer Price Indexes. 
Table 1. Producer price indexes and percent changes by stage of processing 

(1982=100) 

_______________________________________________________________________________________________________________________________

 | | |Unadjusted | 

 | | | percent |Seasonally adjusted 

 | Relative | Unadjusted index |change to |percent change from: 

 Grouping |importance| |Mar. 2003 from:| 

 | |_______________________|_______________|__________________________

 | Dec. | | | | | | | | 

 | |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to |Feb. to

 | 2002 1/|2002 2/|2003 2/|2003 2/| 2002 | 2003 | Jan. | Feb. | Mar. 

_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________

 | 

Finished goods...................................| 100.000 139.7 142.5 144.5 4.2 1.4 1.6 1.0 1.5 

 Finished consumer goods........................| 73.437 140.4 144.3 146.7 5.6 1.7 1.9 1.5 1.6 

 Finished consumer foods......................| 20.682 139.2 142.3 142.6 -.6 .2 1.6 .6 .1 

 Crude......................................| 1.329 123.2 117.0 123.3 -23.1 5.4 7.9 -2.7 5.6 

 Processed..................................| 19.352 140.5 144.4 144.2 1.6 -.1 1.1 .8 -.3 

 Finished consumer goods, excluding foods.....| 52.755 140.5 144.8 147.9 8.0 2.1 2.0 1.9 2.2 

 Nondurable goods less foods................| 36.542 142.0 148.7 152.5 11.6 2.6 2.2 3.1 2.5 

 Durable goods..............................| 16.213 133.6 132.7 134.5 .7 1.4 1.6 -1.0 1.7 

 Capital equipment..............................| 26.563 139.5 139.1 140.1 .4 .7 .7 -.4 .8 

 Manufacturing industries.....................| 7.829 140.0 140.0 140.3 0 .2 .1 -.1 .2 

 Nonmanufacturing industries..................| 18.733 139.2 138.7 139.9 .5 .9 1.0 -.5 1.1 

 | 

Intermediate materials, supplies, and components.| 100.000 129.7 133.6 136.2 8.0 1.9 1.3 2.1 2.0 

 Materials and components for manufacturing.....| 46.943 127.6 129.6 129.9 3.8 .2 .5 1.3 .2 

 Materials for food manufacturing.............| 2.928 125.0 129.6 128.9 4.9 -.5 1.6 .6 -.7 

 Materials for nondurable manufacturing.......| 14.716 132.8 138.2 139.2 10.0 .7 1.4 3.4 .7 

 Materials for durable manufacturing..........| 9.143 126.3 127.2 127.0 2.8 -.2 .1 .6 -.3 

 Components for manufacturing.................| 20.156 126.0 125.9 126.1 -.2 .2 -.2 .1 .2 

 Materials and components for construction......| 12.773 151.2 152.2 152.2 1.0 0 .3 .3 -.1 

 Processed fuels and lubricants.................| 16.040 101.2 114.3 125.4 37.3 9.7 6.3 7.9 10.3 

 Manufacturing industries ....................| 6.410 104.0 113.8 124.8 32.2 9.7 4.9 5.9 10.7 

 Nonmanufacturing industries..................| 9.630 99.4 114.6 125.8 40.9 9.8 7.1 9.1 10.0 

 Containers.....................................| 3.252 153.4 153.9 154.1 1.6 .1 .1 .2 .1 

 Supplies.......................................| 20.992 139.6 140.5 141.2 2.1 .5 .2 .4 .4 

 Manufacturing industries.....................| 4.595 144.9 145.4 146.3 1.5 .6 .1 .3 .6 

 Nonmanufacturing industries..................| 16.397 137.0 138.1 138.7 2.3 .4 .3 .4 .4 

 Feeds......................................| 1.097 100.4 102.0 103.0 8.5 1.0 .5 1.0 1.0 

 Other supplies.............................| 15.300 141.6 142.6 143.1 1.9 .4 .4 .4 .4 

 | 

Crude materials for further processing...........| 100.000 116.1 134.1 152.7 47.3 13.9 6.9 4.8 13.3 

 Foodstuffs and feedstuffs......................| 38.228 99.7 106.3 105.2 2.3 -1.0 5.4 .7 -2.3 

 Nonfood materials..............................| 61.772 125.3 151.9 185.7 84.0 22.3 7.9 7.4 22.2 

 Nonfood materials except fuel 3/.............| 32.486 102.6 120.8 123.4 28.0 2.2 8.2 5.8 2.1 

 Manufacturing 3/...........................| 31.651 94.1 111.1 113.6 28.8 2.3 8.5 5.9 2.1 

 Construction...............................| 0.835 181.8 181.1 181.3 .9 .1 -.9 .5 .2 

 Crude fuel 4/................................| 29.286 150.6 188.8 272.2 177.8 44.2 7.4 9.3 44.2 

 Manufacturing industries...................| 2.635 144.1 179.1 256.0 167.2 42.9 7.3 8.8 42.9 

 Nonmanufacturing industries................| 26.651 153.9 193.1 278.7 178.7 44.3 7.4 9.3 44.3 

 | 

 Special groupings | 

 | 

Finished goods, excluding foods..................|5/ 79.318 139.6 142.3 144.7 5.5 1.7 1.7 1.1 1.8 

Intermediate materials less foods and feeds......|6/ 95.975 130.3 134.3 137.1 8.1 2.1 1.3 2.1 2.2 

Intermediate foods and feeds.....................|6/ 4.025 117.5 121.2 121.0 5.9 -.2 1.3 .7 -.2 

Crude materials less agricultural products 3/ 7/.|8/ 59.797 126.6 154.3 189.8 86.1 23.0 8.1 7.5 23.0 

 | 

Finished energy goods............................|5/ 14.889 91.3 101.5 107.5 26.5 5.9 4.8 7.4 5.7 

Finished goods less energy.......................|5/ 85.111 147.6 148.2 148.9 .5 .5 1.1 -.3 .6 

Finished consumer goods less energy..............|5/ 58.548 151.0 152.1 152.7 .5 .4 1.1 -.1 .5 

 | 

Finished goods less foods and energy.............|5/ 64.429 150.9 150.6 151.5 .9 .6 .9 -.5 .7 

Finished consumer goods less foods and energy....|5/ 37.866 158.6 158.4 159.2 1.1 .5 .9 -.5 .7 

Consumer nondurable goods less foods and energy..|5/ 21.653 178.9 179.3 179.2 1.6 -.1 .4 -.1 -.1 

 | 

Intermediate energy goods........................|6/ 16.398 101.0 113.8 124.8 37.3 9.7 6.1 8.5 10.2 

Intermediate materials less energy...............|6/ 83.601 135.5 137.1 137.4 2.7 .2 .4 .7 .1 

Intermediate materials less foods and energy.....|6/ 79.577 136.7 138.2 138.5 2.6 .2 .3 .7 .2 

 | 

Crude energy materials 3/........................|8/ 42.616 120.0 154.8 202.0 124.7 30.5 11.0 9.3 30.5 

Crude materials less energy......................|8/ 57.384 109.8 116.6 116.1 6.2 -.4 3.9 1.4 -1.2 

Crude nonfood materials less energy 4/...........|8/ 19.156 139.8 146.7 148.3 15.0 1.1 1.0 2.7 1.0 

 | 

_______________________________________________________________________________________________________________________________

 

 1/ Comprehensive relative importance figures are initially computed 3/ Includes crude petroleum. 

 after the publication of December indexes and are recalculated 4/ Excludes crude petroleum. 

 after final December indexes are available. The first-published 5/ Percent of total finished goods. 

 and final December relative importances initially appear, 6/ Percent of total intermediate materials. 

 respectively, in the release tables containing January and May data. 7/ Formerly titled "Crude materials for 

 2/ The indexes for November 2002 have been recalculated to incorporate further processing, excluding crude 

 late reports and corrections by respondents. All indexes foodstuffs and feedstuffs, plant and 

 are subject to revision 4 months after original publication. animal fibers, oilseeds, and leaf tobacco."

 8/ Percent of total crude materials. 
Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing 

(1982=100 unless otherwise indicated) 

____________________________________________________________________________________________________________________________________ 

 | | |Unadjusted | 

 | | | percent |Seasonally adjusted 

 | | Unadjusted index |change to |percent change from: 

 Commodity | | |Mar. 2003 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to|Feb. to 

 | |2002 1/|2003 1/|2003 1/| 2002 | 2003 | Jan. | Feb. | Mar. 

___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 

 | | 

 |FINISHED GOODS.........................................| 139.7 142.5 144.5 4.2 1.4 1.6 1.0 1.5 

 | FINISHED CONSUMER GOODS...............................| 140.4 144.3 146.7 5.6 1.7 1.9 1.5 1.6 

 | FINISHED CONSUMER FOODS..............................| 139.2 142.3 142.6 -.6 .2 1.6 .6 .1 

 | | 

01-11 | Fresh fruits and melons 2/..........................| 83.5 79.4 72.0 -21.1 -9.3 2.1 3.0 -9.3 

01-13 | Fresh and dry vegetables 2/.........................| 119.7 118.7 137.6 -36.5 15.9 18.2 -11.7 15.9 

01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 103.4 89.9 97.9 5.7 8.9 1.4 3.6 4.1 

02-11 | Bakery products 2/..................................| 190.9 194.9 194.5 2.9 -.2 1.4 .4 -.2 

02-13 | Milled rice 2/......................................| 83.0 87.9 88.1 11.9 .2 .6 2.3 .2 

02-14-02 | Pasta products (June 1985=100) 2/...................| 121.5 126.5 126.3 3.3 -.2 2.0 2.1 -.2 

02-21-01 | Beef and veal 2/....................................| 111.1 126.7 126.4 4.6 -.2 5.3 2.2 -.2 

02-21-04 | Pork................................................| 105.4 112.2 111.7 -3.0 -.4 4.6 1.1 -2.8 

02-22-03 | Processed young chickens............................| 104.7 112.7 116.4 4.7 3.3 3.9 6.6 2.5 

02-22-06 | Processed turkeys...................................| 93.8 88.6 88.7 -7.7 .1 4.4 .2 -2.2 

02-23 | Finfish and shellfish...............................| 199.7 193.3 197.6 6.7 2.2 4.3 1.7 2.2 

02-3 | Dairy products......................................| 134.1 133.6 132.5 -4.1 -.8 .4 -.2 -1.0 

02-4 | Processed fruits and vegetables 2/..................| 133.2 133.7 133.2 .8 -.4 .2 .1 -.4 

02-55 | Confectionery end products 2/.......................| 174.8 182.5 182.4 4.0 -.1 1.3 1.6 -.1 

02-62 | Soft drinks.........................................| 152.2 153.0 152.3 .8 -.5 -.5 -1.0 .1 

02-63-01 | Roasted coffee 2/...................................| 121.5 122.3 122.4 .9 .1 .6 .7 .1 

02-78 | Shortening and cooking oils 2/......................| 152.1 153.1 152.1 15.3 -.7 -.9 -.5 -.7 

 | | 

 | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 140.5 144.8 147.9 8.0 2.1 2.0 1.9 2.2 

 | | 

02-61 | Alcoholic beverages.................................| 148.2 148.6 149.2 1.9 .4 .1 -.1 .5 

03-81-01 | Women's apparel 2/..................................| 122.9 120.7 121.6 -.5 .7 -.2 -.7 .7 

03-81-02 | Men's and boys' apparel 2/..........................| 128.4 128.4 128.8 -.6 .3 -.1 -.5 .3 

03-81-03 | Girls', children's, and infants' apparel 2/.........| 119.3 120.2 120.2 2.8 0 .3 0 0 

03-82 | Textile housefurnishings 2/.........................| 122.3 121.9 121.9 -.6 0 0 0 0 

04-3 | Footwear 2/.........................................| 146.1 147.1 148.0 1.5 .6 0 .4 .6 

05-41 | Residential electric power (Dec. 1990=100)..........| 113.4 113.3 114.9 2.0 1.4 .1 .6 1.2 

05-51 | Residential gas (Dec. 1990=100).....................| 140.8 152.8 173.5 36.4 13.5 2.4 4.8 15.2 

05-71 | Gasoline............................................| 87.9 112.7 120.5 54.7 6.9 13.7 18.8 4.6 

05-73-02-01| Fuel oil No. 2......................................| 79.9 116.8 129.3 85.5 10.7 19.7 25.2 13.5 

06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 104.2 105.4 105.5 3.6 .1 1.2 -.3 .1 

06-71 | Soaps and synthetic detergents 2/...................| 130.5 130.1 129.0 -.5 -.8 -.7 .2 -.8 

06-75 | Cosmetics and other toilet preparations 2/..........| 139.5 140.0 140.2 .7 .1 .3 0 .1 

07-12 | Tires, tubes, tread, etc 2/.........................| 95.3 97.8 97.8 2.4 0 1.9 .7 0 

09-15-01 | Sanitary papers and health products 2/..............| 151.0 151.0 143.1 -2.9 -5.2 .2 -.1 -5.2 

09-31-01 | Newspaper circulation 2/............................| 227.2 229.9 229.9 2.2 0 -.1 1.9 0 

09-32-01 | Periodical circulation..............................| 212.0 219.8 216.9 4.4 -1.3 3.0 -.5 -1.1 

09-33 | Book publishing.....................................| 238.2 239.5 239.9 2.7 .2 1.2 0 -.2 

12-1 | Household furniture.................................| 157.7 157.9 158.2 1.2 .2 .2 -.1 .2 

12-3 | Floor coverings 2/..................................| 132.1 130.6 131.5 1.5 .7 1.2 -.3 .7 

12-4 | Household appliances 2/.............................| 103.9 103.7 102.5 -2.0 -1.2 1.0 -.9 -1.2 

12-5 | Home electronic equipment 2/........................| 68.3 68.3 67.8 -2.7 -.7 0 -.1 -.7 

12-62 | Household glassware.................................| 169.8 163.9 166.4 -3.0 1.5 -3.2 -.3 1.0 

12-64 | Household flatware 2/...............................| 145.2 145.2 145.2 1.2 0 0 0 0 

12-66 | Lawn and garden equip., ex. tractors 2/.............| 134.0 133.5 133.4 -.3 -.1 -.1 .3 -.1 

14-11-01 | Passenger cars......................................| 130.8 129.7 133.0 2.2 2.5 3.5 -.6 3.3 

15-11 | Toys, games, and children's vehicles 2/.............| 124.9 125.2 125.3 .6 .1 .5 0 .1 

15-12 | Sporting and athletic goods 2/......................| 124.8 124.3 124.9 -.5 .5 -.2 -.3 .5 

15-2 | Tobacco products 2/.................................| 467.6 467.1 468.2 4.3 .2 -.2 .1 .2 

15-5 | Mobile homes 2/.....................................| 167.2 166.5 166.8 .7 .2 0 0 .2 

15-94-02 | Jewelry, platinum, & karat gold 2/..................| 130.1 133.4 132.8 2.0 -.4 1.2 1.3 -.4 

15-94-04 | Costume jewelry and novelties 2/....................| 144.4 144.4 144.4 .5 0 0 0 0 

 | | 

 | CAPITAL EQUIPMENT.....................................| 139.5 139.1 140.1 .4 .7 .7 -.4 .8 

 | | 

11-1 | Agricultural machinery and equipment 2/.............| 159.4 158.5 158.5 .3 0 .1 .1 0 

11-2 | Construction machinery and equipment................| 151.7 153.0 152.9 1.1 -.1 .5 -.1 -.1 

11-37 | Metal cutting machine tools 2/......................| 150.6 150.2 150.4 -1.9 .1 -.3 .1 .1 

11-38 | Metal forming machine tools 2/......................| 167.3 167.3 167.3 .5 0 0 0 0 

11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 140.5 140.5 140.5 -.2 0 -.4 .4 0 

11-41 | Pumps, compressors, and equipment...................| 161.4 162.0 162.5 1.3 .3 -.2 0 .2 

11-44 | Industrial material handling equipment 2/...........| 137.1 137.6 137.8 .4 .1 0 .1 .1 

11-51 | Electronic computers (Dec. 1998=100) 2/.............| 38.9 35.7 35.2 -22.6 -1.4 -.8 -6.3 -1.4 

11-62 | Textile machinery 2/................................| 157.1 157.3 157.9 .3 .4 .2 0 .4 

11-64 | Paper industries machinery (June 1982=100)..........| 169.6 170.2 170.3 1.2 .1 -.2 .3 -.1 

11-65 | Printing trades machinery 2/........................| 144.1 142.5 142.6 -.6 .1 0 -1.2 .1 

11-74 | Transformers and power regulators 2/................| 131.2 132.2 132.4 .7 .2 -.2 .2 .2 

11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 106.8 106.7 106.3 -2.3 -.4 .2 .5 -.4 

11-79-05 | X-ray and electromedical equipment 2/...............| 100.5 99.1 100.2 -.5 1.1 -.6 -1.1 1.1 

11-91 | Oil field and gas field machinery ..................| 136.0 136.8 136.8 .7 0 .2 -.1 0 

11-92 | Mining machinery and equipment 2/...................| 152.5 154.8 155.0 2.7 .1 .1 .1 .1 

11-93 | Office and store machines and equipment 2/..........| 112.3 111.8 111.8 -.4 0 -.5 -.2 0 

12-2 | Commercial furniture 2/.............................| 161.9 162.1 162.0 1.1 -.1 .4 .4 -.1 

14-11-05 | Light motor trucks..................................| 152.2 148.6 155.1 .9 4.4 4.1 -3.9 5.2 

14-11-06 | Heavy motor trucks 2/...............................| 155.2 155.9 155.8 3.2 -.1 0 -.4 -.1 

14-14 | Truck trailers 2/...................................| 138.2 138.6 139.5 1.4 .6 0 .2 .6 

14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 173.7 174.6 175.4 3.3 .5 .2 .2 .6 

14-31 | Ships (Dec. 1985=100) 2/............................| 152.9 155.1 158.2 5.7 2.0 -.3 2.8 2.0 

14-4 | Railroad equipment 2/...............................| 134.5 135.5 135.7 .4 .1 .1 .5 .1 

 | | 

 |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 129.7 133.6 136.2 8.0 1.9 1.3 2.1 2.0 

 | | 

 | INTERMEDIATE FOODS AND FEEDS..........................| 117.5 121.2 121.0 5.9 -.2 1.3 .7 -.2 

 | | 

02-12-03 | Flour 2/............................................| 122.2 125.1 123.4 8.9 -1.4 1.7 1.9 -1.4 

02-53 | Refined sugar and byproducts 2/.....................| 119.0 122.5 122.5 4.4 0 .2 1.3 0 

02-54 | Confectionery materials 2/..........................| 122.0 127.8 125.4 10.4 -1.9 -.4 3.0 -1.9 

02-72 | Crude vegetable oils 2/.............................| 110.3 112.8 110.2 54.8 -2.3 3.2 -4.2 -2.3 

02-9 | Prepared animal feeds 2/............................| 107.4 108.9 109.7 6.4 .7 .7 .7 .7 

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 130.3 134.3 137.1 8.1 2.1 1.3 2.1 2.2 

 | | 

03-1 | Synthetic fibers 2/.................................| 107.0 106.7 106.3 .4 -.4 -.2 .6 -.4 

03-2 | Processed yarns and threads 2/......................| 102.5 102.4 103.0 .9 .6 -.7 .5 .6 

03-3 | Gray fabrics 2/.....................................| 111.9 110.5 108.1 -4.6 -2.2 -.8 -.5 -2.2 

03-4 | Finished fabrics....................................| 121.2 121.3 120.4 -.7 -.7 .7 -.1 -1.5 

03-83-03 | Industrial textile products 2/......................| 131.0 131.5 131.1 -1.4 -.3 -.8 -.1 -.3 

04-2 | Leather 2/..........................................| 209.0 211.3 210.9 7.4 -.2 .3 1.1 -.2 

05-32 | Liquefied petroleum gas 2/..........................| 123.9 172.7 178.3 95.7 3.2 13.9 16.8 3.2 

____________________________________________________________________________________________________________________________________ 

See footnotes at end of table. 
Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued 

(1982=100 unless otherwise indicated) 

____________________________________________________________________________________________________________________________________ 

 | | |Unadjusted | 

 | | | percent |Seasonally adjusted 

 | | Unadjusted index |change to |percent change from: 

 Commodity | | |Mar. 2003 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to|Feb. to 

 | |2002 1/|2003 1/|2003 1/| 2002 | 2003 | Jan. | Feb. | Mar. 

___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | 

 | -Continued..........................................| 

05-42 | Commercial electric power...........................| 134.6 135.3 136.7 2.4 1.0 0.8 0.4 0.9 

05-43 | Industrial electric power...........................| 139.5 140.2 142.8 5.2 1.9 .1 .5 1.9 

05-52 | Commercial natural gas (Dec. 1990=100)..............| 148.4 163.3 192.0 46.2 17.6 4.3 5.1 20.2 

05-53 | Industrial natural gas (Dec. 1990=100)..............| 151.5 170.9 206.0 56.2 20.5 7.3 6.1 24.8 

05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 127.4 176.0 257.9 180.0 46.5 4.3 26.4 54.7 

05-72-03 | Jet fuels...........................................| 79.8 105.2 117.8 92.8 12.0 25.9 10.4 15.4 

05-73-03 | No. 2 Diesel fuel...................................| 85.5 124.2 129.3 85.5 4.1 17.6 25.2 1.4 

05-74 | Residual fuel 2/....................................| 92.7 108.3 113.2 87.1 4.5 16.8 25.9 4.5 

06-1 | Industrial chemicals 2/.............................| 133.6 146.9 148.4 20.6 1.0 4.2 6.4 1.0 

06-21 | Prepared paint......................................| 167.7 169.0 169.1 1.7 .1 -.8 .9 .1 

06-22 | Paint materials 2/..................................| 171.7 172.8 173.8 12.6 .6 -.2 .2 .6 

06-31 | Medicinal and botanical chemicals 2/................| 132.4 133.1 134.3 1.6 .9 .4 .2 .9 

06-4 | Fats and oils, inedible.............................| 107.2 115.5 122.0 54.0 5.6 11.4 -.4 8.2 

06-51 | Mixed fertilizers...................................| 114.2 114.1 120.7 5.9 5.8 -.3 -.3 5.3 

06-52-01 | Nitrogenates........................................| 111.7 131.6 149.4 45.9 13.5 2.3 6.0 13.0 

06-52-02 | Phosphates 2/.......................................| 101.1 102.3 108.4 8.2 6.0 .7 .4 6.0 

06-53 | Other agricultural chemicals 2/.....................| 147.4 148.2 149.2 .3 .7 .2 -1.6 .7 

06-6 | Plastic resins and materials........................| 137.0 143.2 145.0 17.8 1.3 2.1 3.5 -.1 

07-11-02 | Synthetic rubber 2/.................................| 123.4 123.3 124.9 6.7 1.3 2.1 -.5 1.3 

07-21 | Plastic construction products ......................| 134.8 137.2 138.7 4.4 1.1 2.6 .1 .7 

07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 136.9 139.6 145.8 8.5 4.4 .4 1.6 4.4 

07-26 | Plastic parts and components for manufacturing 2/...| 116.0 116.0 116.1 -.1 .1 -.4 -.1 .1 

08-11 | Softwood lumber.....................................| 164.8 168.4 164.2 -7.9 -2.5 -1.9 -.1 -4.1 

08-12 | Hardwood lumber ....................................| 180.4 183.0 185.6 4.9 1.4 .5 .7 1.3 

08-2 | Millwork............................................| 180.0 180.0 180.2 .6 .1 .1 .2 0 

08-3 | Plywood 2/..........................................| 147.3 147.2 146.0 -8.9 -.8 -.3 .9 -.8 

09-11 | Woodpulp 2/.........................................| 119.4 116.2 116.1 2.6 -.1 -1.8 0 -.1 

09-13 | Paper 2/............................................| 145.6 145.1 144.9 .1 -.1 -.4 -.3 -.1 

09-14 | Paperboard 2/.......................................| 167.3 166.8 164.6 1.2 -1.3 -.1 .1 -1.3 

09-15-03 | Paper boxes and containers 2/.......................| 174.5 174.1 174.1 1.1 0 -.2 0 0 

09-2 | Building paper and board 2/.........................| 129.6 137.1 132.9 .5 -3.1 .4 6.2 -3.1 

09-37 | Commercial printing (June 1982=100) 2/..............| 157.0 157.9 157.6 1.0 -.2 -.1 .3 -.2 

10-15 | Foundry and forge shop products.....................| 137.0 137.1 137.1 .2 0 -.2 .1 .1 

10-17 | Steel mill products.................................| 110.4 109.8 109.5 9.9 -.3 .3 1.1 -.6 

10-22 | Primary nonferrous metals 2/........................| 100.8 106.6 107.0 3.9 .4 .2 3.5 .4 

10-25-01 | Aluminum mill shapes 2/.............................| 143.3 143.1 143.3 -1.4 .1 -.5 .2 .1 

10-25-02 | Copper and brass mill shapes 2/.....................| 145.6 151.7 148.1 -3.8 -2.4 .8 2.3 -2.4 

10-26 | Nonferrous wire and cable 2/........................| 133.3 131.6 131.8 -2.6 .2 -.6 -.5 .2 

10-3 | Metal containers 2/.................................| 108.3 109.6 109.6 1.3 0 1.0 .1 0 

10-4 | Hardware 2/.........................................| 155.5 156.1 155.8 -.3 -.2 .3 -.1 -.2 

10-5 | Plumbing fixtures and brass fittings................| 181.3 183.1 183.1 .7 0 -.1 -.1 0 

10-6 | Heating equipment 2/................................| 158.2 163.5 163.1 3.2 -.2 2.2 1.1 -.2 

10-7 | Fabricated structural metal products 2/.............| 145.6 145.5 145.6 1.2 .1 .2 -.1 .1 

10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 130.0 129.6 129.5 .2 -.1 -.1 .1 -.1 

10-89 | Other misc. metal products 2/.......................| 127.6 127.0 127.8 1.1 .6 -.5 -.1 .6 

11-45 | Mechanical power transmission equipment.............| 169.8 171.2 171.2 1.0 0 .6 -.4 0 

11-48 | Air conditioning and refrigeration equipment 2/.....| 136.9 137.4 137.3 .6 -.1 .2 0 -.1 

11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100)........| 168.1 168.2 168.9 1.3 .4 .1 0 0 

11-49-05 | Ball and roller bearings............................| 170.4 171.2 171.2 .8 0 .5 -.2 .1 

11-71 | Wiring devices 2/...................................| 153.2 153.3 153.5 .3 .1 .3 .1 .1 

11-73 | Motors, generators, motor generator sets............| 147.3 147.6 147.7 .8 .1 -.1 -.1 -.1 

11-75 | Switchgear, switchboard, etc., equipment 2/.........| 159.2 159.4 158.8 .2 -.4 -.4 .8 -.4 

11-78 | Electronic components and accessories 2/............| 92.0 91.6 91.8 -1.5 .2 0 -.5 .2 

11-94 | Internal combustion engines.........................| 145.8 144.0 144.0 -.1 0 -1.5 .3 0 

11-95 | Machine shop products 2/............................| 140.4 140.4 140.6 .4 .1 .1 0 .1 

13-11 | Flat glass 2/.......................................| 111.6 110.9 111.2 .4 .3 -.3 -.5 .3 

13-22 | Cement..............................................| 153.5 153.3 152.8 2.3 -.3 -.1 .5 .3 

13-3 | Concrete products...................................| 152.4 153.6 153.7 .9 .1 .3 .2 .1 

13-6 | Asphalt felts and coatings..........................| 110.4 110.3 112.5 2.9 2.0 -.4 1.1 2.3 

13-7 | Gypsum products 2/..................................| 172.3 170.8 165.7 2.7 -3.0 -1.0 1.2 -3.0 

13-8 | Glass containers 2/.................................| 136.4 138.4 138.4 2.6 0 1.2 -.1 0 

14-12 | Motor vehicle parts 2/..............................| 112.5 111.5 111.5 -1.8 0 -.9 .2 0 

14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 145.6 152.7 152.6 4.4 -.1 -.1 4.1 -.1 

14-25 | Aircraft parts & aux.equip.,nec (June 1985=100).....| 151.0 148.9 149.3 -1.3 .3 -1.1 .1 .4 

15-42 | Photographic supplies 2/............................| 118.2 118.7 118.7 -8.6 0 .9 -1.2 0 

15-6 | Medical/surgical/personal aid devices 2/............| 151.6 154.0 154.3 2.7 .2 1.5 .1 .2 

 | | 

 | CRUDE MATERIALS FOR FURTHER PROCESSING................| 116.1 134.1 152.7 47.3 13.9 6.9 4.8 13.3 

 | | 

 | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 99.7 106.3 105.2 2.3 -1.0 5.4 .7 -2.3 

 | | 

01-21 | Wheat 2/............................................| 111.1 102.7 96.6 16.0 -5.9 -8.3 5.3 -5.9 

01-22-02-05| Corn................................................| 93.9 96.8 94.6 18.3 -2.3 -2.4 8.1 -5.0 

01-31 | Slaughter cattle 2/.................................| 101.2 113.7 112.4 .7 -1.1 9.1 -.4 -1.1 

01-32 | Slaughter hogs......................................| 46.8 56.6 56.3 -7.7 -.5 1.7 2.2 -6.5 

01-41-02 | Slaughter broilers/fryers...........................| 117.2 144.3 145.2 14.8 .6 21.8 1.4 -.7 

01-42 | Slaughter turkeys...................................| 114.0 100.0 100.8 5.1 .8 6.9 1.5 -3.9 

01-6 | Fluid milk..........................................| 88.9 85.9 82.2 -13.4 -4.3 3.7 -1.7 -5.2 

01-83-01-31| Soybeans 2/.........................................| 95.9 97.4 97.6 27.2 .2 -2.2 4.4 .2 

02-52-01-01| Cane sugar,raw 2/...................................| 118.5 115.7 118.1 10.8 2.1 -2.3 .9 2.1 

 

 | | 

 | CRUDE NONFOOD MATERIALS..............................| 125.3 151.9 185.7 84.0 22.3 7.9 7.4 22.2 

 | | 

01-51-01-01| Raw cotton 2/.......................................| 73.6 85.8 89.4 64.3 4.2 4.0 6.5 4.2 

01-92-01-01| Leaf tobacco 2/.....................................| 115.2 111.1 93.5 -3.3 -15.8 -.5 -4.1 -15.8 

04-19 | Hides and skins (June 2001=100) 2/..................| 86.0 88.1 87.9 15.8 -.2 -.8 4.5 -.2 

05-1 | Coal 2/.............................................| 99.2 97.0 98.0 -3.4 1.0 1.9 -2.8 1.0 

05-31 | Natural gas 2/......................................| 167.5 219.6 331.5 245.7 51.0 8.2 11.5 51.0 

05-61 | Crude petroleum 2/..................................| 67.6 94.6 97.7 50.3 3.3 20.4 10.0 3.3 

08-5 | Logs, timber, etc...................................| 181.9 181.0 181.0 1.3 0 -1.3 .4 .2 

09-12 | Wastepaper 2/.......................................| 190.2 182.7 197.5 44.7 8.1 -3.4 .3 8.1 

10-11 | Iron ore 2/.........................................| 95.0 95.3 95.3 -.1 0 .6 -.3 0 

10-12 | Iron and steel scrap................................| 144.3 167.0 176.3 39.8 5.6 .9 11.7 5.1 

10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 69.3 74.3 72.9 9.8 -1.9 5.2 2.6 -1.9 

10-23-01 | Copper base scrap 2/................................| 114.3 119.1 121.4 10.5 1.9 .6 1.4 1.9 

10-23-02 | Aluminum base scrap.................................| 158.4 168.4 170.2 8.8 1.1 -.2 1.8 .2 

13-21 | Construction sand, gravel, and crushed stone........| 173.4 175.7 176.0 2.1 .2 -.3 .3 .1 

____________________________________________________________________________________________________________________________________ 

 

1/ The indexes for November 2002 have been recalculated to incorporate 2/ Not seasonally adjusted. 

 late reports and corrections by respondents. All indexes are subject 3/ Not available. 

 to revision 4 months after original publication.
Table 3. Producer price indexes for selected commodity groupings 

(1982=100 unless otherwise indicated) 

_______________________________________________________________________________________________ 

 | | | 

 | | Unadjusted index 1/ | 

Commodity| |___________________________________| 

 code | Grouping | Nov. 2002 | Feb. 2003 |March 2003 | 

_________|________________________________________________|___________|___________|___________| 

 | | | | | 

 | Finished Goods (1967=100)......................| 392.0 | 399.9 | 405.4 | 

 | All commodities................................| 133.1 | 137.8 | 141.4 | 

 | | | | | 

 | | | | | 

 | MAJOR COMMODITY GROUPS | | | | 

 | | | | | 

 | Farm products and processed foods and feeds....| 124.1 | 128.2 | 128.0 | 

01 | Farm products................................| 99.1 | 104.2 | 103.5 | 

02 | Processed foods and feeds....................| 136.5 | 140.1 | 140.0 | 

 | | | | | 

 | Industrial commodities.........................| 134.7 | 139.5 | 143.7 | 

03 | Textile products and apparel.................| 119.8 | 119.3 | 119.2 | 

04 | Hides, skins, leather, and related products..| 160.9 | 162.4 | 162.6 | 

05 | Fuels and related products and power.........| 99.5 | 115.2 | 130.2 | 

06 | Chemicals and allied products 2/.............| 155.6 | 162.1 | 163.4 | 

07 | Rubber and plastic products..................| 127.3 | 128.4 | 130.1 | 

08 | Lumber and wood products.....................| 171.8 | 173.2 | 172.7 | 

09 | Pulp, paper, and allied products.............| 187.5 | 188.7 | 188.3 | 

10 | Metals and metal products....................| 127.3 | 128.4 | 128.7 | 

11 | Machinery and equipment......................| 122.5 | 122.3 | 122.4 | 

12 | Furniture and household durables.............| 133.9 | 133.7 | 133.6 | 

13 | Nonmetallic mineral products.................| 146.5 | 147.5 | 147.5 | 

14 | Transportation equipment.....................| 145.5 | 144.7 | 146.7 | 

15 | Miscellaneous products.......................| 183.1 | 183.8 | 184.1 | 

 | | | | | 

 | Industrial commodities less fuels and related | | | | 

 | products and power...........................| 143.8 | 144.8 | 145.4 | 

 | | | | | 

 | | | | | 

 | OTHER COMMODITY GROUPINGS | | | | 

 | | | | | 

01-1 | Fruits and melons, fresh and dry vegetables, | | | | 

 | and tree nuts................................| 105.4 | 103.0 | 106.9 | 

01-2 | Grains.........................................| 98.8 | 98.6 | 95.4 | 

01-3 | Slaughter livestock............................| 87.2 | 98.9 | 98.1 | 

01-4 | Slaughter poultry..............................| 115.0 | 133.6 | 134.5 | 

01-5 | Plant and animal fibers........................| 74.7 | 87.1 | 90.6 | 

01-7 | Chicken eggs...................................| 120.5 | 106.1 | 113.9 | 

01-8 | Hay, hayseeds, and oilseeds....................| 121.7 | 122.1 | 122.5 | 

01-83 | Oilseeds.......................................| 106.5 | 108.3 | 108.8 | 

01-9 | Other farm products............................| 171.8 | 165.7 | 139.4 | 

02-1 | Cereal and bakery products.....................| 166.4 | 170.3 | 169.8 | 

02-2 | Meats, poultry, and fish.......................| 116.8 | 124.5 | 125.4 | 

02-22 | Processed poultry..............................| 108.6 | 112.3 | 114.6 | 

02-5 | Sugar and confectionery........................| 143.3 | 149.0 | 148.5 | 

02-6 | Beverages and beverage materials...............| 149.0 | 149.5 | 149.5 | 

02-63 | Packaged beverage materials....................| 125.2 | 124.8 | 124.8 | 

02-7 | Fats and oils..................................| 136.8 | 148.1 | 143.5 | 

03-81 | Apparel........................................| 125.5 | 124.6 | 125.2 | 

04-4 | Other leather and related products.............| 148.1 | 148.1 | 148.3 | 

05-3 | Gas fuels......................................| 154.7 | 205.1 | 290.9 | 

05-4 | Electric power.................................| 134.7 | 135.1 | 137.0 | 

05-7 | Refined petroleum products.....................| 85.8 | 110.8 | 118.6 | 

06-3 | Drugs and pharmaceuticals......................| 268.2 | 271.2 | 271.4 | 

06-5 | Agricultural chemicals and products............| 124.8 | 129.3 | 135.6 | 

06-7 | Other chemicals and allied products............| 139.9 | 140.2 | 140.3 | 

07-1 | Rubber and rubber products.....................| 117.6 | 118.8 | 119.0 | 

07-11 | Rubber, except natural rubber..................| 122.7 | 122.6 | 124.3 | 

07-13 | Miscellaneous rubber products..................| 140.6 | 141.0 | 140.8 | 

07-2 | Plastic products...............................| 135.0 | 136.2 | 138.5 | 

08-1 | Lumber.........................................| 167.6 | 170.7 | 169.0 | 

09-1 | Pulp, paper, and products, excluding building | | | | 

 | paper and board..............................| 157.3 | 156.9 | 156.1 | 

09-15 | Converted paper and paperboard products........| 165.3 | 165.6 | 164.0 | 

10-1 | Iron and steel.................................| 118.2 | 120.1 | 120.7 | 

10-2 | Nonferrous metals..............................| 120.3 | 122.6 | 122.6 | 

10-25 | Nonferrous mill shapes.........................| 136.7 | 137.1 | 136.7 | 

11-3 | Metalworking machinery and equipment...........| 150.2 | 150.4 | 150.5 | 

11-4 | General purpose machinery and equipment........| 154.5 | 155.3 | 155.4 | 

11-6 | Special industry machinery.....................| 165.6 | 166.0 | 166.2 | 

11-7 | Electrical machinery and equipment.............| 115.8 | 115.5 | 115.5 | 

11-9 | Miscellaneous machinery and equipment..........| 137.0 | 136.8 | 136.9 | 

12-6 | Other household durable goods..................| 158.7 | 158.2 | 158.7 | 

13-2 | Concrete ingredients...........................| 163.1 | 164.5 | 164.4 | 

14-1 | Motor vehicles and equipment...................| 130.7 | 129.1 | 131.7 | 

15-1 | Toys, sporting goods, small arms, etc..........| 133.0 | 132.8 | 133.3 | 

15-4 | Photographic equipment and supplies............| 105.0 | 105.1 | 105.1 | 

15-9 | Other miscellaneous products...................| 140.0 | 140.9 | 141.7 | 

__________________________________________________________|___________|___________|___________| 

 

1/ Data for November 2002 have been revised to reflect the availability of late reports and 

 corrections by respondents. All data are subject to revision 4 months after original 

 publication. 

2/ Prices of some items in this grouping are lagged 1 month.
 

Table 4. Producer price indexes for the net output of major industry groups, not seasonally adjusted 

____________________________________________________________________________________________________________________ 

 | | | Index | Percent change 

 Industry | Industry 1/ |Index|_______________________|to_Mar._2003_from:__ 

 code | |base | | | | | 

 | | |Nov. |Feb. |Mar. | Mar. | Feb. 

 | | |2002 2/|2003 2/|2003 2/| 2002 | 2003 

__________________|______________________________________________|_____|_______|_______|_______|________|___________ 

 | | | 

 |Total mining industries...................... |12/84| 110.5 137.4 170.8 95.2 24.3 

 10 | Metal mining................................ |12/84| 74.2 78.4 77.3 6.0 -1.4 

 12 | Coal mining................................. |12/85| 93.6 92.7 94.0 -.6 1.4 

 13 | Oil and gas extraction...................... |12/85| 128.8 170.4 222.6 140.1 30.6 

 14 | Mining and quarrying of non-metallic | | 

 | minerals, except fuels..................... |12/84| 143.8 145.6 146.3 2.0 .5 

 | | | 

 |Total manufacturing industries............... |12/84| 134.6 137.8 138.9 4.6 .8 

 20 | Food and kindred products................... |12/84| 131.6 134.8 134.7 2.0 -.1 

 21 | Tobacco manufactures........................ |12/84| 409.2 408.7 409.6 4.4 .2 

 22 | Textile mill products....................... |12/84| 115.8 115.2 114.8 -.9 -.3 

 23 | Apparel and other finished products made | | 

 | from fabrics and similar materials......... |12/84| 125.1 125.2 125.5 .2 .2 

 24 | Lumber and wood products, except furniture.. |12/84| 154.1 155.7 155.3 -.9 -.3 

 25 | Furniture and fixtures...................... |12/84| 147.0 147.1 147.3 1.1 .1 

 26 | Paper and allied products................... |12/84| 145.1 145.2 143.9 .7 -.9 

 27 | Printing, publishing, and allied industries. |12/84| 194.0 196.3 196.5 2.3 .1 

 28 | Chemicals and allied products............... |12/84| 159.7 162.0 163.7 5.5 1.0 

 29 | Petroleum refining and related products..... |12/84| 106.7 138.2 146.0 63.7 5.6 

 30 | Rubber and miscellaneous plastic products... |12/84| 125.8 126.9 128.3 3.0 1.1 

 31 | Leather and leather products................ |12/84| 142.1 142.8 143.1 2.2 .2 

 32 | Stone, clay, glass, and concrete products... |12/84| 137.3 137.8 137.6 1.0 -.1 

 33 | Primary metal industries.................... |12/84| 118.3 117.9 117.8 3.0 -.1 

 34 | Fabricated metal products, except machinery | | 

 | and transportation equipment............... |12/84| 132.2 132.5 132.7 1.1 .2 

 35 | Machinery, except electrical................ |12/84| 116.6 116.3 116.2 -1.3 -.1 

 36 | Electrical and electronic machinery, | | 

 | equipment, and supplies.................... |12/84| 105.0 104.0 104.1 -2.3 .1 

 37 | Transportation equipment.................... |12/84| 138.3 137.5 139.8 1.4 1.7 

 38 | Measuring and controlling instruments; | | 

 | photographic, medical, optical goods; | | 

 | watches, clocks............................ |12/84| 128.8 130.2 129.9 .8 -.2 

 39 | Miscellaneous manufacturing industries...... |12/85| 133.5 133.8 134.0 .8 .1 

 | | | 

 |Services industries | | 

 40 | Railroad transportation..................... |12/96| 107.1 107.7 107.7 1.3 0.0 

 42 | Motor freight transportation and warehousing |06/93| 125.9 126.8 127.3 3.1 .4 

 43 | United States Postal Service................ |06/89| 155.0 155.0 155.0 6.6 0 

 44 | Water transportation........................ |12/92| 141.3 140.8 140.9 9.5 .1 

 45 | Transportation by air....................... |12/92| 159.4 159.8 160.3 2.2 .3 

 46 | Pipelines, except natural gas............... |12/86| 112.3 111.2 111.2 -.4 0 

 48 | Communications.............................. |06/01| 97.9 96.9 97.0 .2 .1 

 54 | Food stores................................. |12/99| 115.6 118.0 115.6 2.9 -2.0 

 55 | Automotive dealers and gasoline service | | 

 | stations................................... |12/01| 91.2 84.6 87.6 -4.6 3.5 

 59 | Miscellaneous retail........................ |06/00| 105.1 106.1 107.1 3.3 .9 

 80 | Health services............................. |12/94| 121.0 121.5 121.9 3.0 .3 

 81 | Legal services.............................. |12/96| 123.0 125.2 125.1 3.6 -.1 

____________________________________________________________________________________________________________________ 

1/ Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences 

 in coverage and aggregation methodology, they will generally not match the movements of similarly-titled 

 indexes which are derived from traditional commodity groupings. 

2/ The indexes for November 2002 have been recalculated to incorporate late reports and corrections by respondents. 

 All indexes are subject to revision 4 months after original publication. 

3/ Not available. 

 

Note: NAICS 2002 replaces the SIC classification system beginning with the release of PPI data for January 2004. 

See http://www.bls.gov/ppi/ppinaics.htm for details. 

 

 

 
Table 5. Producer price indexes by stage of processing, seasonally adjusted 

(1982=100) 

_____________________________________________________________________________________________________________ 

 | 

 | Index 1/ 

 |_____________________________________________________ 

 Grouping | | | | | | 

 | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. 

 | 2002 | 2002 | 2002 | 2003 | 2003 | 2003 

_______________________________________________________|________|________|________|________|________|________ 

 | 

 Finished goods...................................| 140.1 139.7 139.4 141.6 143.0 145.1 

 Finished consumer goods........................| 141.0 140.5 140.3 143.0 145.2 147.5 

 Finished consumer foods......................| 138.8 139.3 139.9 142.1 142.9 143.0 

 Crude......................................| 122.2 120.7 111.5 120.3 117.0 123.6 

 Processed..................................| 140.2 140.8 142.3 143.9 145.1 144.6 

 Finished consumer goods, excluding foods.....| 141.5 140.7 140.2 143.0 145.7 148.9 

 Nondurable goods less foods................| 143.5 142.7 142.6 145.8 150.3 154.0 

 Durable goods..............................| 133.5 132.7 131.4 133.5 132.2 134.4 

 Capital equipment..............................| 139.3 139.1 138.4 139.4 138.9 140.0 

 Manufacturing industries.....................| 140.0 140.0 139.8 140.0 139.9 140.2 

 Nonmanufacturing industries..................| 138.9 138.6 137.7 139.1 138.4 139.9 

 | 

 Intermediate materials, supplies, and components.| 129.8 129.7 129.5 131.2 133.9 136.6 

 Materials and components for manufacturing.....| 127.4 127.7 127.4 128.0 129.6 129.9 

 Materials for food manufacturing.............| 123.9 125.4 127.5 129.5 130.3 129.4 

 Materials for nondurable manufacturing.......| 133.0 133.0 131.7 133.6 138.2 139.1 

 Materials for durable manufacturing..........| 125.9 126.5 126.5 126.6 127.4 127.0 

 Components for manufacturing.................| 125.9 126.0 126.0 125.7 125.8 126.1 

 Materials and components for construction......| 151.8 151.6 151.5 151.9 152.4 152.3 

 Processed fuels and lubricants.................| 102.0 101.0 100.7 107.0 115.4 127.3 

 Manufacturing industries ....................| 103.0 103.5 102.4 107.4 113.7 125.9 

 Nonmanufacturing industries..................| 101.4 99.4 99.7 106.8 116.5 128.2 

 Containers.....................................| 153.3 153.4 153.4 153.6 153.9 154.1 

 Supplies.......................................| 139.5 139.6 139.7 140.0 140.6 141.2 

 Manufacturing industries.....................| 144.8 144.9 145.0 145.1 145.5 146.4 

 Nonmanufacturing industries..................| 137.0 137.1 137.1 137.5 138.1 138.7 

 Feeds......................................| 101.8 100.4 100.5 101.0 102.0 103.0 

 Other supplies.............................| 141.4 141.6 141.6 142.1 142.6 143.1 

 | 

 Crude materials for further processing...........| 112.6 116.8 120.5 128.8 135.0 153.0 

 Foodstuffs and feedstuffs......................| 99.6 100.7 102.2 107.5 108.3 105.8 

 Nonfood materials..............................| 119.1 125.8 131.2 141.5 152.0 185.7 

 Nonfood materials except fuel 2/.............| 107.7 103.4 105.6 114.3 120.9 123.4 

 Manufacturing 2/...........................| 98.8 94.8 96.9 105.1 111.3 113.6 

 Construction...............................| 183.3 182.6 181.8 180.2 181.1 181.5 

 Crude fuel 3/................................| 126.0 150.6 160.9 172.8 188.8 272.2 

 Manufacturing industries...................| 121.3 144.1 153.4 164.6 179.1 256.0 

 Nonmanufacturing industries................| 128.7 153.9 164.5 176.7 193.1 278.7 

 | 

 Special groupings | 

 | 

 Finished goods, excluding foods..................| 140.2 139.6 139.0 141.3 142.8 145.4 

 Intermediate materials less foods and feeds......| 130.5 130.4 130.1 131.8 134.6 137.5 

 Intermediate foods and feeds.....................| 117.2 117.8 119.3 120.8 121.6 121.3 

 Crude materials less agricultural products 2/....| 120.5 127.2 132.7 143.5 154.3 189.8 

 | 

 Finished energy goods............................| 94.0 92.5 92.4 96.8 104.0 109.9 

 Finished goods less energy.......................| 147.4 147.3 146.9 148.5 148.1 149.0 

 Finished consumer goods less energy..............| 150.8 150.8 150.6 152.3 152.1 152.8 

 | 

 Finished goods less foods and energy.............| 150.7 150.5 149.7 151.0 150.3 151.4 

 Finished consumer goods less foods and energy....| 158.4 158.2 157.5 158.9 158.1 159.2 

 Consumer nondurable goods less foods and energy..| 178.6 178.9 178.8 179.5 179.3 179.1 

 | 

 Intermediate energy goods........................| 102.0 100.8 99.8 105.9 114.9 126.6 

 Intermediate materials less energy...............| 135.5 135.6 135.7 136.2 137.2 137.4 

 Intermediate materials less foods and energy.....| 136.7 136.8 136.8 137.2 138.2 138.5 

 | 

 Crude energy materials 2/........................| 111.3 120.0 127.6 141.6 154.8 202.0 

 Crude materials less energy......................| 109.8 111.1 112.0 116.4 118.0 116.6 

 Crude nonfood materials less energy 3/...........| 139.6 141.5 141.6 143.0 146.9 148.3 

_____________________________________________________________________________________________________________ 

 1/ All seasonally adjusted indexes are subject to change up to 5 years after original publication due to 

 the recalculation of seasonal factors each January. The indexes for November 2002 have been recalculated 

 to incorporate late reports and corrections by respondents. 

 2/ Includes crude petroleum. 

 3/ Excludes crude petroleum.