News United States 

Department 

of Labor 

Bureau of Labor Statistics Washington, D.C. 20212 

FOR DATA ONLY: (202) 691-5200 USDL 04-436 

FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN 

(202) 691-7705 THIS RELEASE IS EMBARGOED 

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

http://www.bls.gov/ppi MARCH 18, 2004* 

Producer Price Indexes -- January 2004 

The Producer Price Index for Finished Goods advanced 0.6 percent in January, seasonally adjusted, the 

Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 0.2-

percent gain in December and a 0.2-percent decline in November. Rising prices for gasoline led the increase in 

the finished goods index in January. At the earlier stages of processing, prices received by manufacturers of 

intermediate goods moved up 0.8 percent in January, after rising 0.4 percent in the prior month. The crude 

goods index increased 2.8 percent, compared with a 2.2-percent rise in December. (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 

2003

Jan. 1.3 1.9 4.8 0.3 2.5 1.1 7.3

Feb. 1.2 .4 7.4 -.1 3.3 1.9 5.2

Mar. 1.3 .3 4.8 .6 4.0 2.1 13.2

Apr. -1.5 .8 -7.2 -.5 2.4 -2.3 -15.8

May -.4 .1 -3.1 .1 2.5 -.7 1.5

June .6 .4 2.9 0 2.9 .6 4.3

July .1 -.3 .5 .1 3.0 .2 -2.8

Aug. .5 .8 1.4 .1 3.5 .6 -1.0

Sept. .2 1.2 -.1 0 3.5 -.1 2.7

Oct. .7 2.1 -.3 .5 3.4 .3 3.1

Nov. -.2 -.3 -.9 0 3.4 -.1 .1

Dec. .2 .1 1.6 -.1 4.0 .4 2.2

2004

Jan. .6 -1.4 4.7 .3 3.3 .8 2.8

NOTE: Some of the percent changes shown here and elsewhere in this release may differ from those 

previously reported because seasonal adjustment factors have been recalculated to reflect developments 

during 2003. In addition, indexes for September 2003 have been recalculated to incorporate late reports 

and corrections by respondents. All indexes are subject to revision 4 months after original publication. 
-2- 

Among finished goods, the index for finished energy goods jumped 4.7 percent in January, following a 

1.6-percent advance in the previous month. Excluding prices for gasoline, the finished goods index rose 0.2 

percent in January. Prices for finished goods other than foods and energy increased 0.3 percent, after edging 

down 0.1 percent in the preceding month. By contrast, the finished consumer foods index dropped 1.4 percent 

in January, after inching up 0.1 percent a month earlier. 

Before seasonal adjustment, the Producer Price Index for Finished Goods advanced 0.6 percent to 145.4 

(1982=100). From January 2003 to January 2004, finished goods prices rose 3.3 percent. During the same 

period, the indexes for finished energy goods, finished consumer foods, and finished goods other than foods and 

energy moved up 11.4, 4.2, and 0.9 percent, respectively. At the earlier stages of processing, prices for 

intermediate goods increased 3.8 percent for the 12 months ended in January 2004, while the index for crude 

goods jumped 13.7 percent. 

Finished goods

 Prices for finished energy goods increased 4.7 percent in January, after registering a 1.6-percent gain in 

the prior month. Leading this acceleration, the gasoline index surged 14.1 percent, following a 3.4-percent rise 

in December. Prices for home heating oil and liquefied petroleum gas also advanced at a faster rate in January 

than they did a month earlier. The index for residential natural gas turned up, following a decline in the 

previous month. On the other hand, the rate of increase for residential electric power prices slowed from 0.5 

percent in December to 0.1 percent in January. 

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.) 

2003 

Jan. 1.4 4.5 0.4 4.5 4.5 13.0 0.9 28.7

Feb. .8 7.7 .7 6.6 .6 9.9 3.6 36.7

Mar. -.2 10.0 .3 8.0 -1.3 30.1 -.2 46.8

Apr. .2 -10.9 -.2 4.6 1.4 -30.7 -1.2 18.2

May 1.2 -4.2 .1 4.2 1.9 1.9 -.1 19.1

June 1.8 3.1 0 4.5 -.8 10.5 .2 29.1

July -.9 1.5 -.1 4.4 -2.5 -4.8 1.9 24.2

Aug. .2 2.4 .1 4.4 3.7 -6.1 2.0 20.8

Sept 2.7 -2.0 .2 3.7 7.0 -1.1 2.7 21.5

Oct. 2.6 .1 .3 3.4 8.2 -1.8 2.6 22.8

Nov. 2.7 -2.0 .2 3.3 0 -1.5 4.1 18.3

Dec. -.5 1.8 .1 3.9 -.2 4.3 3.0 18.5

2004 

Jan. -1.0 2.7 .6 3.8 -6.9 12.5 3.3 13.7

NOTE: Some of the percent changes shown here and elsewhere in this release may differ from those previously reported 

because seasonal adjustment factors have been recalculated to reflect developments during 2003. In addition, indexes for 

September 2003 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject 

to revision 4 months after original publication. 
-3- 

The index for finished consumer goods other than foods and energy turned up 0.3 percent in January, 

compared with a 0.1-percent decrease in the preceding month. Light motor truck prices increased 1.1 percent, 

following a 1.7-percent decline in December. The indexes for passenger cars, periodical circulation, and for 

sporting and athletic goods also advanced in January, after decreasing a month earlier. Prices for 

pharmaceutical preparations and book publishing rose more in January than they did in the previous month, 

while the cigarettes index increased, after showing no change in December. Alternatively, household furniture 

prices inched down 0.1 percent in January, following a rise of the same magnitude in the prior month. 

Subsequent to a 0.1-percent decrease in December, the capital equipment index advanced 0.3 percent in 

January. The indexes for light motor trucks and passenger cars turned up, following declines in December. 

Prices for heavy motor trucks, construction machinery and equipment, and civilian aircraft rose at a faster pace 

in January than they did a month earlier, while the truck trailers index moved up after showing no change in the 

preceding month. By contrast, commercial furniture prices fell 0.4 percent in January, compared with a 0.1-

percent gain in the prior month. The integrating and measuring instruments index also turned down, following 

an increase in December. Prices for x-ray and electromedical equipment fell more than they did in the previous 

month. 

 Prices for finished consumer foods decreased 1.4 percent in January, following a 0.1 percent increase a 

month earlier. Leading this downturn, the index for fresh and dry vegetables dropped 20.9 percent, following a 

20.7-percent upsurge in December. Prices for eggs for fresh use also fell, after rising in the prior month. The 

beef and veal index declined at a faster rate than it did in the previous month. Prices for citrus fruits rose less in 

January than they did in December. By contrast, the index for soft drinks advanced 1.9 percent, compared with 

a 0.7-percent decrease in the preceding month. Prices for pork and bakery products also turned up in January, 

following declines a month earlier. The indexes for processed young chickens, finfish and shellfish, and 

shortening and cooking oils rose at a quicker pace than they did in December. 

Intermediate goods

The Producer Price Index for Intermediate Materials, Supplies, and Components climbed 0.8 percent in 

January, compared with a 0.4-percent advance in December. Prices for intermediate energy goods, materials 

for nondurable manufacturing, and materials for durable manufacturing increased at a faster rate in January than 

they did in December. The index for materials and components for construction turned up, after edging down in 

the preceding month. On the other hand, the index for intermediate foods and feeds fell at a quicker pace in 

January than it did a month earlier. Excluding foods and energy, prices for intermediate materials advanced 0.6 

percent, after inching up at a 0.1-percent rate in December. (See table B.) 

 The index for intermediate energy goods jumped 2.7 percent in January, following a 1.8-percent 

increase in December. A surge in gasoline prices of 14.1 percent followed a 3.4-percent increase in December. 

The indexes for home heating oil, jet fuel, liquefied petroleum gas, and diesel fuel also advanced at a faster pace 

than they did in the prior month. Prices for industrial natural gas turned up in January, while the index for 

industrial electric power fell less than it did in December. By contrast, prices for natural gas to electric utilities 

declined 6.2 percent in January, compared with a 4.8-percent gain in the previous month. The indexes for 

commercial electric power and commercial natural gas also turned down in January. 

 Prices for materials for nondurable manufacturing climbed 1.3 percent in January, following a 0.4-

percent increase in December. The index for liquid refinery gases surged 16.2 percent, after rising 7.4 percent 

in the previous month. The indexes for plastic resins and materials, inedible fats and oils, medicinal and 

botanical chemicals, and gray fabrics moved up in January, following declines in December. On the other hand, 

paperboard prices decreased 1.2 percent in January, after inching up at a 0.1-percent rate a month earlier. The 

index for nitrogenates also turned down, while prices for paper fell more than they did in the preceding month. 
-4- 

The index for materials and components for construction increased 0.3 percent in January, compared 

with a 0.1-percent decline in December. Softwood lumber prices jumped 1.5 percent in January, following a 

0.3-percent decrease in the prior month. The indexes for wiring devices, hardwood lumber, and prefabricated 

wood buildings and components also rose, after falling in December. Prices for fabricated structural metal 

products, steel mill products, plastic construction products, and millwork advanced at a quicker rate than they 

did in the preceding month. Alternatively, the index for concrete products edged up 0.1 percent in January, 

following a 0.5-percent gain in December. Plywood prices fell more than they did a month earlier, while the 

indexes for gypsum products and for air conditioning and refrigeration equipment turned down in January. 

 Prices for materials for durable manufacturing climbed 1.0 percent in January, after posting a 0.5-

percent gain in December. The index for primary nonferrous metals jumped 4.3 percent, following a 2.4-

percent rise in the previous month. Prices for copper and brass mill shapes; semifinished steel mill products; 

cold finished steel bars; and hot rolled steel bars, plates, and structural shapes also increased more than in 

December. The indexes for hardwood lumber and industrial textile products advanced, following December 

declines. Conversely, prices for aluminum mill shapes turned down 0.4 percent in January, after inching up at a 

0.1-percent rate a month earlier. The index for plywood fell more quickly in January, while prices for cold 

rolled steel sheet and strip rose more slowly than they did in the prior month. 

 The index for intermediate foods and feeds fell 1.0 percent in January, compared with a 0.5-percent 

decrease in December. This faster rate of decline can be attributed mainly to prices for beef and veal products, 

which dropped 11.0 percent in January after a 5.6-percent decrease in December. In addition, the indexes for 

fluid milk products and for portion control meat and meat-type products also fell at a quicker pace, while prices 

for confectionery materials and liquid milk products rose at a slower rate in January than they did a month 

earlier. The indexes for flour and for refined sugar and sugar byproducts turned down, after rising in December. 

By contrast, prepared animal feed prices advanced 0.2 percent, after declining 0.4 percent in the previous 

month. The pork index also turned up in January. Prices for shortening and cooking oils and processed young 

chickens increased more in January than they did in December. 

Crude goods

The Producer Price Index for Crude Materials for Further Processing advanced at a 2.8-percent rate in 

January, after posting a 2.2-percent gain in December. Price increases for crude energy materials were larger in 

January than in December and outweighed larger price decreases for crude foodstuffs and feedstuffs. In 

addition, the index for basic industrial materials rose at a slightly faster pace than it did in December. (See table 

B.) 

 The index for crude energy materials climbed 12.5 percent in January, following a 4.3-percent increase 

in December. Natural gas prices led the acceleration by surging 17.8 percent, after advancing 6.1 percent in the 

previous month. The index for crude petroleum rose 8.1 percent in January, compared with a 2.6-percent gain a 

month earlier. On the other hand, coal prices dropped 1.6 percent, subsequent to a 0.4-percent rise in 

December. 

 The index for crude nonfood materials less energy gained 3.3 percent in January, its eighth consecutive 

increase, after rising 3.0 percent in December. The index for raw cotton increased 6.8 percent, following a 

10.1-percent decline in the prior month. Prices for wastepaper also turned up, while indexes for aluminum base 

scrap and construction sand, gravel, and crushed stone rose more in January than they did in December. 

Conversely, the rate of increase for iron and steel scrap prices slowed from 8.8 percent in December to 5.7 

percent in January. Prices for copper ores, gold ores, and copper base scrap also rose less in January than they 

did in the prior month. 
-5- 

The index for crude foodstuffs and feedstuffs fell 6.9 percent in January, following a 0.2-percent drop in 

December. January prices for slaughter cattle declined 17.4 percent, after slipping 3.5 percent the preceding 

month. Indexes for fresh vegetables (except potatoes), slaughter broilers and fryers, and wheat turned down in 

January. By contrast, prices for fluid milk fell 1.4 percent in January, after dropping 7.7 percent in December. 

The January index for slaughter turkeys rose more than in December, as did the indexes for corn, soybeans, and 

Irish potatoes for further processing. Unprocessed shellfish prices rose after falling. 

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

Mining. The Producer Price Index for the Net Output of Total Mining Industries rose 11.3 percent in January, 

following a 4.2-percent increase in December. (Net output price indexes are not seasonally adjusted.) Prices 

received by the oil and gas extraction industry group jumped 16.0 percent, after advancing 5.2 percent in the 

prior month. The industry group indexes for metal ore mining and coal mining also increased at a quicker rate 

than they did a month earlier. Prices received by the mining support activities industry group rose in January. 

In January, the Producer Price Index for the Net Output of Total Mining Industries was 141.6 (December 

1984=100), 12.4 percent above its year ago level. 

Manufacturing. The Producer Price Index for the Net Output of Total Manufacturing Industries increased 0.9 

percent in January, after showing no change in the previous month. Prices received by the petroleum and coal 

products industry group rose 11.8 percent, compared with a 1.4-percent gain in the preceding month. The 

industry group indexes for chemicals, fabricated metal products, aerospace products and parts, and primary 

metals also advanced at a quicker rate than they did in December. Prices received by the automobile and light 

duty motor vehicle industry turned up, after falling in the prior month. By contrast, the industry group index for 

food manufacturing dropped 1.0 percent in January, after registering a 0.5-percent decline a month earlier. The 

industry group index for semiconductors and other electronic components also fell more than it did in the 

preceding month. Prices received by the industry group for communications equipment turned down in 

January, following gains in the previous month. The plastics and rubber products industry group index showed 

no change, after rising in December. In January, the Producer Price Index for the Net Output of Total 

Manufacturing Industries was 138.9 (December 1984=100), 2.4 percent above its year ago level. 

 

Services. Among service industries in January, prices received by the industries for general medical and 

surgical hospitals, portfolio management, offices of physicians (except mental health), direct property and 

casualty insurance carriers, nursing care facilities, couriers, and newspaper publishers increased. Conversely, 

prices received by the industries for scheduled passenger air transportation, television broadcasting, lessors of 

nonresidential buildings (except miniwarehouse), software publishers, radio stations, passenger car rental, and 

long distance general freight trucking (truckload) fell in January. 

***** 

The Producer Price Index data for January 2004 in this release were originally scheduled for release on Feb. 19, 

2004. 

The date of release for the February 2004 Producer Price Index data, originally scheduled for March 12, 2004, 

will be announced as soon as possible. 

* Footnotes were added to tables 3 and 4 on March 26, 2004. For more information, see 

http://www.bls.gov/ppi/notice03262004.htm. 
-6- 

NAICS Conversion 

The net output price indexes have been converted from the 1987 Standard Industrial Classification (SIC) 

basis to the 2002 North American Industry Classification System (NAICS) basis with the release of January 

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

SIC-based indexes. SIC-based indexes are no longer produced or published. Historical index data based on the 

NAICS publication structure are available depending on the scope of the definitional changes between SIC and 

NAICS. A concordance between the two structures is available at http://www.bls.gov/ppi/ppinaics.htm through 

a World Wide Web site. 

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. 

Recalculation of Seasonal Adjustment Factors 

Effective with this release, seasonal adjustment factors have been recalculated to reflect price-movement 

patterns during 2003 for stage-of-processing (SOP) and commodity-grouping indexes. This routine annual 

recalculation may affect previously published seasonally adjusted indexes and percent changes for January 1999 

through December 2003. To request this 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. 

 The table below provides monthly seasonally adjusted percent changes for the three major SOP 

categories during 2003, based on former and recalculated seasonal factors. These percent changes include final 

price data through August 2003 and may differ from values shown elsewhere in this release. 

Over-the-month percent changes in major stage-of-processing indexes, seasonally adjusted, using former 

and recalculated seasonal factors for 2003 

 Finished Goods Intermediate Goods Crude Goods 

Month Former Recalculated Former Recalculated Former Recalculated

January 1.4 1.3 1.2 1.1 7.6 7.3 

February 1.1 1.2 2.0 1.9 5.2 5.2 

March 1.4 1.3 2.1 2.1 13.0 13.2 

April -1.7 -1.5 -2.3 -2.3 -15.8 -15.8 

May -.4 -.4 -.7 -.7 1.4 1.5 

June .5 .6 .5 .6 4.4 4.3 

July .1 .1 .1 .2 -3.0 -2.8 

August .6 .5 .6 .6 -1.1 -1.0 

September .2 .2 -.2 -.1 3.5 3.4 

October .8 .7 .4 .4 2.6 2.4 

November -.3 -.2 -.2 -.1 .2 .1 

December .3 .2 .5 .4 2.0 2.2 
-7- 

Resampling of Industries 

 Effective with this release, the Producer Price Index (PPI) includes data for 65 resampled and 21 newly 

introduced industries classified according to the North American Industry Classification System (NAICS). The Bureau of 

Labor Statistics periodically updates the sample of producers providing data for the PPI to reflect current conditions more 

accurately when the structure, membership, technology, or product mix of an industry shifts. The first results of this 

systematic process were published in July 1986. Subsequent efforts have been completed at 6-month intervals. 

For information on specific index additions, deletions, and recodes that are effective with this semiannual update, 

see the January 2004 issue of the PPI Detailed Report or 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. 

NAICS 

Code Industry 

213111 Drilling oil and gas wells 

221110 Electric power generation* 

221121 Electric bulk power transmission and control* 

221122 Electric power distribution 

221210 Natural gas distribution 

311222 Soybean processing 

311225 Fats and oils refining and blending 

311813 Frozen cakes, pies, and other pastries 

312113 Ice manufacturing 

313311 Broadwoven fabric finishing mills 

314991 Rope, cordage, and twine mills 

314992 Tire cord and tire fabric mills 

315119 Other hosiery and sock mills 

315192 Underwear and nightwear knitting mills 

315221 Men's and boys' cut and sew underwear and nightwear 

315231 Women's and girls' cut and sew lingerie 

315291 Infants' cut and sew apparel 

315992 Gloves and mittens 

321113 Sawmills 

321213 Engineered wood member (except truss) manufacturing 

321214 Truss manufacturing 

321911 Wood windows and doors 

321912 Cut stock, resawing lumber, and planing 

321918 Other millwork (including flooring) 

321920 Wood containers and pallets 

321991 Manufactured homes (mobile homes) 

322215 Sanitary food containers (except folding) 

326211 Tire manufacturing (except retreading) 

327111 Vitreous plumbing fixtures and fittings 

327113 Porcelain electrical supply manufacturing 

327211 Flat glass manufacturing 

327213 Glass container manufacturing 

331319 Other aluminum rolling and drawing 

331421 Copper rolling, drawing, and extruding 

331422 Copper wire (except mechanical) drawing 

331491 Other nonferrous metal rolling, drawing, and extruding 

331511 Iron foundries 

331512 Steel investment foundries 

331513 Steel foundries (except investment) 

332322 Sheet metal work 
-8- 

Resampling of Industries--Continued 

332995 Other ordnance and accessories 

333131 Mining machinery and equipment 

333516 Rolling mill machinery and equipment 

333611 Turbine and turbine generator set units 

334310 Audio and video equipment 

334517 Irradiation apparatus 

334612 Prerecorded compact disc, tape, and record reproducing 

334613 Magnetic and optical recording media manufacturing 

335921 Fiber optic cable 

335929 Other communication and energy wire 

336612 Boat building 

337910 Mattress manufacturing 

339113 Surgical appliance and supplies 

442110 Furniture stores* 

442210 Floor covering stores* 

443111 Household appliance stores* 

443112 Radio, television, and other electronics stores* 

443120 Computer and software stores* 

444110 Home centers* 

444120 Paint and wallpaper stores* 

444130 Hardware stores* 

444190 Other building material dealers* 

444220 Nursery, garden center, and farm supply stores* 

448110 Men’s clothing stores* 

448120 Women’s clothing stores* 

448140 Family clothing stores* 

448210 Shoe stores* 

451220 Prerecorded tape, compact disc, and record stores* 

452111 Department stores (except discount department stores)* 

452112 Discount department stores* 

452900 Other general merchandise stores* 

453930 Manufactured (mobile) home dealers* 

483111 Deep sea freight transportation 

483113 Coastal and Great Lakes freight transportation 

483211 Inland water freight transportation 

511140 Directory and mailing list publishers 

511199 All other publishers 

515111 Radio networks 

515112 Radio stations 

531210 Offices of real estate agents and brokers 

531311 Residential property managers 

531312 Nonresidential property managers 

531320 Offices of real estate appraisers 

531390 Other activities related to real estate 

541330 Engineering services 

621610 Home health care services 

* For further discussion of these newly introduced PPIs, see "New Producer Price Indexes for Electric Power Generation, 

NAICS 221110, and Electric Bulk Power Transmission and Control, NAICS 221121" and "PPI Introduces Industries to 

Complete Coverage of the Retail Trade Sector" in the January 2004 issue of the PPI Detailed Report, or call the Section 

of Index Analysis and Public Information at (202) 691-7705. 
Technical Note 

Brief Explanation of Producer Prices Indexes 

The Bureau of Labor Statistics (BLS) term Producer Price Index (PPI) refers to a family of indexes that measure the average 

change over time in the 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 can differ due to government subsidies, sales and excise taxes, and 

distribution costs. 

 More than 8,000 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 trade, finance, and services sectors of the economy. 

More than 100,000 price quotations per month are organized into three sets of PPIs: (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 organizes 

products by class of buyer and degree of fabrication. The commodity structure 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. 

Stage-of-Processing Indexes 

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, as well as 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. 

Commodity Indexes 

The commodity classification structure of the PPI organizes products by similarity of end use or material composition, 

disregarding industry of origin. Fifteen major commodity groupings (2-digit commodity codes) make up the All Commodities Index. 

Each major commodity grouping includes (in descending order of aggregation) subgroups (3-digit), product classes (4-digit), 

subproduct classes (6-digit), and individual items (8 digit). Nearly all 8-digit commodities under the traditional commodity coding 

system are now derived from corresponding industry-classified product indexes. In such instances, movements in the traditional

commodity price indexes and corresponding percent changes will be virtually identical to their industry-based counterparts, even if 

their index levels differ. 

Industry Net-Output Price Indexes 

PPIs for the net output of industries and their products are grouped according to the North American Industry Classification 

System (NAICS). Prior to the release of January 2004, industry-based PPIs were published according to the Standard Industrial 

Classification (SIC) system. Industry price indexes are compatible with other economic time series organized by industry, such as 

data on employment, wages, and productivity. Table 5 of the PPI Detailed Report includes data for NAICS industries and industry 

groups (3-, 4-, 5-, and 6-digit codes); indexes for Census product classes (7- and 8-digits), products (9-digits), and more detailed 

subproducts (11-digits); and, for some industries, indexes for other sources of revenue. 

 Indexes may represent one of three kinds of product indexes. Every industry has primary product indexes to show changes in 

prices received by establishments classified in the industry for products made primarily, but not necessarily exclusively, by that 

industry. The industry classification of an establishment is determined by which products comprise a plurality of its total shipment 

value. In addition, most industries have secondary product indexes that show changes in prices received by establishments classified 

in the industry for products chiefly made in some other industry. Finally, some industries have miscellaneous receipts indexes to show 

price changes in other sources of revenue received by establishments within the industry that are not derived from sales of their 

products, for example, resales of purchased materials, or revenues from parking lots owned by a manufacturing plant. 
Data Collection 

PPIs 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. The BLS strongly encourages cooperating companies to supply actual transaction prices at the time of shipment to minimize 

the use of list prices. Prices submitted by survey respondents are effective on the Tuesday of the week containing the 13th day of the 

month. This survey is conducted primarily through the mail. 

 Price data are provided on a voluntary and confidential basis; only sworn BLS employees are allowed access to individual 

company price reports. BLS publishes price indexes instead of unit dollar prices. All PPIs are subject to revision 4 months after 

original publication to reflect the availability of late reports and corrections by respondents. 

 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 with the release of data for 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 industries 

includes the month and year in which an article describing the industry’s content appeared in the PPI Detailed Report. 

PPI Detailed 

Title Code Report Issue 

SIC 

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 

NAICS 

Furniture and home furnishings stores 442 January 2004 

Electronics and appliance stores 443 January 2004 

Building material and garden equipment and supplies dealers 444 January 2004 

Clothing and clothing accessories stores 448 January 2004 

Sporting goods, hobby, book, and music stores 451 January 2004 

General merchandise stores 452 January 2004 

Miscellaneous store retailers 453 January 2004 
Weights

Weights for most traditional commodity groupings of the PPI, as well as weights for commodity-based aggregate indexes 

calculated using traditional commodity groupings, such as stage-of-processing indexes, currently reflect 1997 values of shipments as 

reported in the Census of Manufactures and other sources. From January 1996 through December 2001, PPI weights were derived 

from 1992 shipment values. Industry indexes also are now calculated with 1997 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 within the industry to buyers outside the 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 PPI for All Commodities, 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. 

Price Index Reference Base 

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 previously published percent changes for affected PPI series. (See “Calculating Index Changes,” below.) The 1982 

reference base is not used for commodity indexes with a base later than December 1981 or for industry net output indexes 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. This document can be downloaded from the BLS website at 

(http://www.bls.gov/opub/hom/homch14_itc.htm), and reprints are available on request. 

Calculating Index Changes 

Each PPI measures price changes from a reference period which equals 100.0. 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 sample of finished goods have risen from $100 in 1982 to $105.50. Likewise, a current 

index of 90.0 would indicate that prices received by producers of finished goods 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. Index point changes are affected by the level of the index in relation to its base period, whereas percent changes are not. 

The following example 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, BLS publishes seasonally adjusted and unadjusted 

changes each month. Seasonally adjusted data are preferred for analyzing general price trends in the economy, because these data 

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 the BLS.) 
In 1998, the PPI implemented the X-12-ARIMA Seasonal Adjustment Method; prior to that year the PPI employed the X-11 

method. Each year, the seasonal status of most commodity indexes is re-evaluated to reflect more recent price behavior. Industry net 

output indexes are not seasonally adjusted. For time series that exhibit seasonal pricing patterns, new seasonal factors are estimated 

and applied to the unadjusted data for the previous 5 years. These updated seasonally adjusted indexes replace the most recent 5 years 

of seasonal data. 

 Seasonal factors may be applied to series using either a direct or aggregative method. Generally, commodity indexes are 

seasonally adjusted using direct seasonal adjustment, which produces a more complete elimination of seasonal movements than the

aggregative method. However, the direct seasonal adjustment process may not yield figures that possess additive consistency. Thus, a 

seasonally adjusted index for a broad category that is directly adjusted may not be logically consistent with all seasonally adjusted 

indexes for its components. Seasonal movements for stage-of-processing indexes are derived indirectly through an aggregative 

method that combines movements of a wide variety of subproduct class (6-digit) series. 

Seasonally adjusted indexes can become problematic when previously stable and predictable price patterns abruptly change. 

If the new pattern persists, the seasonal adjustment method will eventually reflect it adequately; if these patterns keep shifting, 

however, seasonally adjusted data will become chronically troublesome. This problem occurs relatively infrequently for farm and 

food-related products but has more often affected manufactured products such as automobiles and steel. 

Since January 1988, the PPI has used Intervention Analysis Seasonal Adjustment methods to enhance the calculation of 

seasonal factors. With this technique, outlier values that may distort the seasonal pattern are removed from the data prior to applying 

the standard seasonal factor estimation procedure. For example, a possible economic cause for large price movements for petroleumbased products might have been the Persian Gulf War. In this case, intervention techniques allowed for better estimates of seasonally 

adjusted data. On the whole, very few series have required intervention. Out of nearly 900 seasonally adjusted series, only 16 

interventions were performed in 1997. 

For more information relating to seasonal adjustment methods, 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. 

Producer Price Index Data Via the Internet 

In 1995, the BLS began posting PPI series, news releases, and technical information to both a World Wide Web (WWW) site 

and a file transfer protocol (FTP) site. During the years following the introduction of PPI Internet services, usage of these sites 

eclipsed more traditional methods of data dissemination, such as subscriptions to the PPI Detailed Report. There were more than 1.6 

million accesses of PPI series over the Internet during the 12 months ended December 31, 2003. 

Retrieving PPI data from the PPI Website 

PPI data can be obtained from the WWW address (http://www.bls.gov/ppi). Scrolling down the page to the “Get Detailed 

Statistics” header reveals the following 5 methods of data retrieval: 

• Most Requested Series is a form-based application that allows the user to quickly obtain PPI time series data by selecting from 

two separate lists (commodity and industry) of the most commonly requested time series, including the All Commodities Index and

the stage-of-processing indexes (for example, Finished Goods). Within each list, any one—or all—of the time series shown can be 

selected. A user can modify the date range and output options after executing the query, using the reformat button above the data 

output table. 

• Create Customized Tables is a form-based query application designed for users unfamiliar with the PPI coding structure. It 

guides a user through the PPI classification system by listing index titles and does not require knowledge of commodity or industry 

codes. Data retrieved are based on a query formulated by selecting data characteristics from lists provided. Two options are available 

to create customized tables, depending on a user’s browser capability. The one-screen option is a JavaScript application that uses a 

single screen to guide a user through the available time series data. The second option is a multiple screen, nonJava-based application. 

Both methods allow a user to browse the PPI coding structure and select multiple series codes. Using the one-screen option, users can 

modify the date range and output options after executing the query using the reformat button above the data output table. 

• Series Report is a form-based application that uses formatted PPI time series identifiers (commodity or industry codes) as input in 

extracting data according to a specified set of date ranges and output options. This application provides the most efficient path for 

those users who are familiar with the format of PPI time series identifiers. Up to 300 indexes can be extracted at one time. 

 There are three basic formats for creating a unique PPI time series identifier. For commodity and stage-of-processing indexes, 

enter a “wpu” prefix (not seasonally adjusted) or a “wps” prefix (seasonally adjusted) in combination with a commodity-based code to 

create a series identifier. 

Commodity code Will provide data for:

wps063 Drugs and pharmaceuticals, seasonally adjusted 

wpu063803 Pharmaceutical preparations, cardiovascular system 

wpusop3000 Finished goods, not seasonally adjusted 
For a current industry-based price index organized according to the North American Industry Classification System (NAICS), enter 

the prefix “pcu” followed by the industry-product code. The series identifier for products primary to an industry include 12 numeric 

digits, the six-digit industry code is repeated, and up to seven additional digits of product detail. Dashes are used as place holders for 

higher-level industry group codes. 

Industry-product code, Will provide data for:

Current NAICS series 

pcu325---325--- Chemical manufacturing, not seasonally adjusted 

pcu336110336110 Automobile and light duty motor vehicle manufacturing 

pcu621111621111411 Offices of physicians, one and two physician practices and single specialty group practices, 

general/family practice 

To identify a discontinued industry-product code based on the Standard Industrial Classification (SIC), enter a “pdu” prefix and “#” 

between the fourth and fifth characters of the product code. A series identifier for the discontinued dataset uses underscores as 

placeholders to complete a reference to an SIC industry group code of less than four digits. (All PPI industry-based indexes organized 

by SIC were discontinued with the introduction of the NAICS.) In all cases, no spaces are permitted. 

Industry-product code, Will provide data for:

Discontinued SIC series 

pdu28__# Chemicals and allied products, not seasonally adjusted 

pdu331_# Blast furnaces, steel works, and rolling and finishing mills, not seasonally adjusted 

pdu3711#111 Passenger cars 

• Flat Files and the FTP server are best suited for those users requiring access to either a large volume of time series data or other 

PPI-related documentation (such as, seasonal factor and relative importance tables). The FTP site can be accessed at 

(ftp://ftp.bls.gov) or directly from the links on the “Get Detailed Statistics” page or the PPI homepage. Data and documentation 

available for download include: 

 Directory: 

• NAICS Current Series /pub/time.series/pc 

• SIC Discontinued Series /pub/time.series/pd 

• Commodity Series /pub/time.series/wp

• Special Requests /pub/special.requests/ppi

• Latest News Release /pub/news.release/ppi.txt

The FTP site maintains files to help with searches and downloads. These files are centrally located in the /pub/doc directory. 

Within this directory, go to the overview.txt file for an overview relating to all BLS data available through the FTP site. For 

commodity-based PPI data (which appear in tables 1, 2, 3, 6, 7, and 8 of the PPI monthly detailed report and tables 1, 2, 3, and 5 of the 

monthly news release), the program help file is wp.txt. For current industry-based PPI data based on the NAICS (which appear in 

tables 4, 5, and 9 of the monthly PPI report and table 4 of the monthly news release), the file is pc.txt. For industry-based SIC time 

series that have been discontinued, go to pd.txt. (These and other help files are also maintained within each of the five directories 

listed above.) 

Other Sources of PPI Data 

PPI data can also be accessed via the BLS homepage (http://www.bls.gov). After clicking the “Get Detailed Statistics” link 

at the top of the homepage a chart appears listing all of the available BLS programs. The following four methods are available for PPI 

data: Most requested statistics, create customized tables (one screen or multiple screens), and flat files. Additional sources of BLS 

data are also accessible from this page including: Economic news releases, series report, and economy at a glance. 

 

Additional information 

The PPI homepage (http://www.bls.gov/ppi) contains additional information regarding PPI data and methodology. The top 

section of the homepage provides PPI news releases, both current and archived, as well as general PPI information. The “Tables

Created by BLS” section found beneath the statistics section provides relative importance and seasonal factor tables. The remaining 

sections offer special notices and publications pertaining to PPI methodology and applications. 

For questions or comments regarding PPI data classification, methodology, or data availability on the Internet, call or e-mail 

the Section of Index Analysis and Public Information directly at (202) 691-7705 or ppi-info@bls.gov. Data also can be obtained by 

calling the national fax-on-demand service at (202) 691-6325; this service enables customers to request faxes of BLS data 24 hours a 

day, 7 days a week. 
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| |Jan. 2004 from:| 

 | |_______________________|_______________|__________________________

 | Dec. | | | | | | | | 

 | |Sept. |Dec. |Jan. | Jan. | Dec. |Oct. to|Nov. to |Dec. to

 | 2003 1/|2003 2/|2003 2/|2004 2/| 2003 | 2003 | Nov. | Dec. | Jan. 

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

 | 

Finished goods...................................| 100.000 144.0 144.5 145.4 3.3 0.6 -0.2 0.2 0.6 

 Finished consumer goods........................| 74.351 146.4 146.6 147.7 4.1 .8 -.2 .3 .7 

 Finished consumer foods......................| 21.479 148.0 150.3 148.0 4.2 -1.5 -.3 .1 -1.4 

 Crude......................................| 1.727 134.9 150.8 138.1 12.0 -8.4 .3 10.0 -8.3 

 Processed..................................| 19.752 149.0 150.2 148.8 3.7 -.9 -.3 -.7 -.8 

 Finished consumer goods, excluding foods.....| 52.872 145.5 144.8 147.2 4.0 1.7 -.2 .4 1.6 

 Nondurable goods less foods................| 36.806 150.4 147.9 151.3 5.2 2.3 -.4 .7 2.1 

 Durable goods..............................| 16.066 131.1 134.4 134.7 1.1 .2 .2 -.4 .4 

 Capital equipment..............................| 25.649 138.9 140.4 140.8 1.1 .3 -.1 -.1 .3 

 Manufacturing industries.....................| 7.020 139.8 140.4 140.8 .6 .3 -.4 .1 .3 

 Nonmanufacturing industries..................| 18.629 138.5 140.4 140.7 1.2 .2 0 -.2 .4 

 | 

Intermediate materials, supplies, and components.| 100.000 134.1 134.5 136.1 3.8 1.2 -.1 .4 .8 

 Materials and components for manufacturing.....| 46.863 129.8 131.0 131.8 3.0 .6 .2 .2 .5 

 Materials for food manufacturing.............| 2.953 137.4 140.9 138.5 7.4 -1.7 .6 -.5 -1.6 

 Materials for nondurable manufacturing.......| 14.501 136.4 138.1 140.2 5.1 1.5 .3 .4 1.3 

 Materials for durable manufacturing..........| 9.501 128.6 131.1 132.3 4.9 .9 .8 .5 1.0 

 Components for manufacturing.................| 19.908 125.8 125.7 125.9 .1 .2 -.1 0 .2 

 Materials and components for construction......| 12.896 155.0 155.6 155.9 3.0 .2 .5 -.1 .3 

 Processed fuels and lubricants.................| 16.959 113.7 111.7 116.5 9.0 4.3 -2.1 1.9 2.7 

 Manufacturing industries ....................| 6.835 117.4 115.8 119.5 10.3 3.2 -1.4 0 1.6 

 Nonmanufacturing industries..................| 10.125 111.3 109.2 114.6 8.1 4.9 -2.6 3.2 3.4 

 Containers.....................................| 3.160 153.5 153.4 153.9 .3 .3 .2 -.1 .3 

 Supplies.......................................| 20.122 141.7 142.7 143.3 2.3 .4 .6 0 .4 

 Manufacturing industries.....................| 4.388 146.7 146.9 147.0 1.4 .1 .2 .1 .1 

 Nonmanufacturing industries..................| 15.733 139.2 140.5 141.2 2.5 .5 .6 .1 .5 

 Feeds......................................| 1.226 108.1 117.7 118.0 16.6 .3 8.8 -.6 .4 

 Other supplies.............................| 14.508 143.2 143.6 144.3 1.5 .5 .1 .1 .6 

 | 

Crude materials for further processing...........| 100.000 134.7 139.9 144.7 13.7 3.4 .1 2.2 2.8 

 Foodstuffs and feedstuffs......................| 40.157 119.0 124.6 116.8 10.6 -6.3 0 -.2 -6.9 

 Nonfood materials..............................| 59.843 142.8 147.4 162.1 15.5 10.0 .3 3.9 9.3 

 Nonfood materials except fuel 3/.............| 33.319 113.9 123.8 131.3 14.7 6.1 1.5 2.9 5.0 

 Manufacturing 3/...........................| 32.700 104.7 113.9 120.9 14.9 6.1 1.5 3.0 5.1 

 Construction...............................| 0.619 181.4 184.6 186.0 3.6 .8 .2 1.3 .8 

 Crude fuel 4/................................| 26.524 176.9 172.1 197.6 16.3 14.8 -1.2 5.1 14.8 

 Manufacturing industries...................| 2.383 168.4 163.9 187.3 15.8 14.3 -1.2 4.9 14.3 

 Nonmanufacturing industries................| 24.141 180.9 176.0 202.1 16.4 14.8 -1.2 5.1 14.8 

 | 

 Special groupings | 

 | 

Finished goods, excluding foods..................|5/ 78.521 142.7 142.8 144.5 3.0 1.2 -.1 .2 1.2 

Intermediate materials less foods and feeds......|6/ 95.822 134.5 134.7 136.4 3.6 1.3 -.2 .4 1.0 

Intermediate foods and feeds.....................|6/ 4.178 128.4 133.9 132.4 10.0 -1.1 2.7 -.5 -1.0 

Crude materials less agricultural products 3/ 7/.|8/ 57.867 144.7 148.9 164.0 15.2 10.1 .1 4.1 9.6 

 | 

Finished energy goods............................|5/ 15.875 105.2 101.1 106.2 11.4 5.0 -.9 1.6 4.7 

Finished goods less energy.......................|5/ 84.125 149.0 150.8 150.5 1.8 -.2 -.1 0 -.2 

Finished consumer goods less energy..............|5/ 58.476 153.3 155.3 154.7 2.1 -.4 0 -.1 -.3 

 | 

Finished goods less foods and energy.............|5/ 62.646 149.7 151.4 151.7 .9 .2 0 -.1 .3 

Finished consumer goods less foods and energy....|5/ 36.997 157.0 158.8 159.1 .9 .2 .1 -.1 .3 

Consumer nondurable goods less foods and energy..|5/ 20.931 178.0 178.2 178.6 .7 .2 0 0 .2 

 | 

Intermediate energy goods........................|6/ 17.360 112.8 110.9 115.5 9.2 4.1 -2.0 1.8 2.7 

Intermediate materials less energy...............|6/ 82.640 138.0 139.0 139.7 2.6 .5 .4 .1 .5 

Intermediate materials less foods and energy.....|6/ 78.462 138.7 139.5 140.3 2.3 .6 .2 .1 .6 

 | 

Crude energy materials 3/........................|8/ 39.397 138.2 139.3 156.7 11.8 12.5 -1.5 4.3 12.5 

Crude materials less energy......................|8/ 60.603 128.2 135.8 132.5 15.1 -2.4 1.3 .9 -3.5 

Crude nonfood materials less energy 4/...........|8/ 20.446 155.7 169.0 177.5 24.1 5.0 4.1 3.0 3.3 

_______________________________________________________________________________________________________________________________

 

 1/ Comprehensive relative importance figures are initially computed 4/ Excludes crude petroleum. 

 after the publication of December indexes and are recalculated 5/ Percent of total finished goods. 

 after final December indexes are available. 6/ Percent of total intermediate materials. 

 2/ The indexes for September 2003 have been recalculated to incorporate 7/ Formerly titled "Crude materials for 

 late reports and corrections by respondents. All indexes are further processing, excluding crude 

 subject to revision 4 months after original publication. foodstuffs and feedstuffs, plant and 

 3/ Includes crude petroleum. 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 | | |Jan. 2004 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Sept. |Dec. |Jan. | Jan. | Dec. |Oct. to|Nov. to|Dec. to 

 | |2003 1/|2003 1/|2004 1/| 2003 | 2003 | Nov. | Dec. | Jan. 

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

 | | 

 |FINISHED GOODS.........................................| 144.0 144.5 145.4 3.3 0.6 -0.2 0.2 0.6 

 | FINISHED CONSUMER GOODS...............................| 146.4 146.6 147.7 4.1 .8 -.2 .3 .7 

 | FINISHED CONSUMER FOODS..............................| 148.0 150.3 148.0 4.2 -1.5 -.3 .1 -1.4 

 | | 

01-11 | Fresh fruits and melons 2/..........................| 83.9 98.6 96.6 23.8 -2.0 3.8 6.8 -2.0 

01-13 | Fresh and dry vegetables 2/.........................| 145.2 157.6 124.6 -7.3 -20.9 -5.2 20.7 -20.9 

01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 111.1 136.4 130.0 36.6 -4.7 2.1 .7 -2.4 

02-11 | Bakery products 2/..................................| 195.3 195.0 195.3 .5 .2 -.2 -.1 .2 

02-13 | Milled rice 2/......................................| 111.8 122.0 124.9 45.4 2.4 3.8 1.9 2.4 

02-14-02 | Pasta products (June 1985=100) 2/...................| 127.0 126.6 126.7 2.5 .1 0 -.2 .1 

02-21-01 | Beef and veal 2/....................................| 141.9 150.5 133.9 7.6 -11.0 -4.7 -5.6 -11.0 

02-21-04 | Pork................................................| 117.6 113.6 114.5 5.6 .8 -1.9 -.9 1.2 

02-22-03 | Processed young chickens............................| 125.0 127.0 132.7 22.6 4.5 2.3 1.5 4.3 

02-22-06 | Processed turkeys...................................| 94.5 101.6 99.1 9.5 -2.5 1.1 3.5 4.9 

02-23 | Finfish and shellfish...............................| 197.2 191.8 208.8 9.6 8.9 -2.3 2.9 8.3 

02-3 | Dairy products......................................| 147.0 143.5 141.5 4.8 -1.4 .3 -.7 -.6 

02-4 | Processed fruits and vegetables 2/..................| 133.6 133.4 133.5 -.1 .1 0 -.1 .1 

02-55 | Confectionery end products 2/.......................| 184.1 185.6 185.9 2.4 .2 .2 .2 .2 

02-62 | Soft drinks 2/......................................| 152.6 152.6 155.5 1.0 1.9 .5 -.7 1.9 

02-63-01 | Roasted coffee 2/...................................| 127.7 128.0 128.0 3.8 0 0 .1 0 

02-78 | Shortening and cooking oils 2/......................| 160.1 180.7 194.8 26.8 7.8 .9 4.6 7.8 

 | | 

 | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 145.5 144.8 147.2 4.0 1.7 -.2 .4 1.6 

 | | 

02-61 | Alcoholic beverages.................................| 147.7 148.6 148.5 .7 -.1 -.3 .1 .1 

03-81-06 | Women's, girls', & infants' apparel (12/03=100) 2/..| (3) 100.0 100.0 (3) 0 (3) (3) 0 

03-81-07 | Men's and boys' apparel (Dec. 2003=100) 2/..........| (3) 100.0 100.0 (3) 0 (3) (3) 0 

03-82 | Textile housefurnishings 2/.........................| 122.3 122.3 123.2 .6 .7 .1 0 .7 

04-3 | Footwear 2/.........................................| 147.9 147.9 147.6 .8 -.2 0 -.1 -.2 

05-41 | Residential electric power (Dec. 1990=100)..........| 124.4 118.7 118.6 4.8 -.1 .3 .5 .1 

05-51 | Residential gas (Dec. 1990=100).....................| 170.9 171.7 178.1 21.3 3.7 -1.2 -.5 1.4 

05-71 | Gasoline............................................| 109.9 94.3 108.1 13.0 14.6 -3.0 3.4 14.1 

05-73-02-01| Home heating oil and distillates....................| 85.1 93.5 104.4 10.9 11.7 -.5 6.2 16.8 

06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 108.5 108.5 109.2 3.7 .6 -.1 .2 .6 

06-71 | Soaps and synthetic detergents 2/...................| 130.6 131.4 131.4 -.5 0 .6 -.1 0 

06-75 | Cosmetics and other toilet preparations 2/..........| 140.5 140.6 140.6 .5 0 0 0 0 

07-12 | Tires, tubes, tread, etc 2/.........................| 98.2 98.7 98.7 1.6 0 0 -.2 0 

09-15-01 | Sanitary paper products 2/..........................| 150.4 150.2 150.2 -.7 0 0 -.1 0 

09-31-01 | Newspaper circulation 2/............................| 230.1 232.3 232.5 1.2 .1 0 0 .1 

09-32-01 | Periodical circulation..............................| 219.3 219.7 223.9 1.6 1.9 .2 -.6 .9 

09-33 | Book publishing.....................................| 244.0 248.3 251.2 4.4 1.2 .2 .6 1.5 

12-1 | Household furniture.................................| 157.9 158.3 158.1 .1 -.1 0 .1 -.1 

12-3 | Floor coverings 2/..................................| 134.2 132.0 131.1 .5 -.7 -.1 -2.1 -.7 

12-4 | Household appliances 2/.............................| 101.9 101.9 102.0 -1.8 .1 -.3 .1 .1 

12-5 | Home electronic equipment 2/........................| 67.4 67.2 67.1 -1.6 -.1 .1 0 -.1 

12-62 | Household glassware.................................| 169.0 169.2 169.4 1.5 .1 .1 .1 .5 

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

12-66 | Lawn and garden equip., ex. tractors 2/.............| 132.9 134.0 133.8 .2 -.1 1.3 0 -.1 

14-11-01 | Passenger cars......................................| 125.2 131.5 131.8 1.4 .2 -.5 -.1 .6 

15-11 | Toys, games, and children's vehicles 2/.............| 125.1 124.5 124.5 -.6 0 0 0 0 

15-12 | Sporting and athletic goods 2/......................| 123.5 123.7 124.4 -.2 .6 .2 -.2 .6 

15-2 | Tobacco products 2/.................................| 430.4 433.8 434.5 .3 .2 .1 .2 .2 

15-5 | Mobile homes .......................................| 171.1 172.3 172.6 3.5 .2 .3 .1 .2 

15-94-02 | Jewelry, platinum, & karat gold 2/..................| 132.8 133.8 134.6 2.0 .6 .5 .4 .6 

15-94-04 | Costume jewelry and novelties 2/....................| 145.4 145.4 145.4 .8 0 .4 0 0 

 | | 

 | CAPITAL EQUIPMENT.....................................| 138.9 140.4 140.8 1.1 .3 -.1 -.1 .3 

 | | 

11-1 | Agricultural machinery and equipment 2/.............| 162.0 161.8 162.5 1.6 .4 -.1 0 .4 

11-2 | Construction machinery and equipment 2/.............| 153.4 153.6 154.8 1.4 .8 -.2 .1 .8 

11-37 | Metal cutting machine tools 2/......................| 150.6 150.0 149.7 -.5 -.2 1.2 -.1 -.2 

11-38 | Metal forming machine tools 2/......................| 167.9 167.9 168.0 .4 .1 0 0 .1 

11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 139.4 139.4 140.7 .5 .9 -.2 0 .9 

11-41 | Pumps, compressors, and equipment...................| 163.1 163.5 164.8 1.7 .8 -.1 0 .5 

11-44 | Industrial material handling equipment 2/...........| 138.1 138.2 138.6 .9 .3 -.1 0 .3 

11-51 | Electronic computers (Dec. 1998=100) 2/.............| 33.4 31.8 31.7 -14.8 -.3 -1.2 -1.9 -.3 

11-62 | Textile machinery 2/................................| 157.7 157.7 157.9 .2 .1 -.2 0 .1 

11-64 | Paper industries machinery (June 1982=100) 2/.......| 170.3 170.3 170.5 .5 .1 0 0 .1 

11-65 | Printing trades machinery 2/........................| 143.4 143.1 143.3 -.3 .1 0 -.1 .1 

11-74 | Transformers and power regulators 2/................| 132.3 132.1 132.2 .1 .1 -.1 0 .1 

11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 105.2 105.1 105.0 -1.0 -.1 -.4 0 -.1 

11-79-05 | X-ray and electromedical equipment 2/...............| 100.7 99.5 98.0 -3.0 -1.5 -.1 -.1 -1.5 

11-91 | Oil field and gas field machinery ..................| 140.5 141.0 141.2 2.4 .1 .2 .4 -.7 

11-92 | Mining machinery and equipment 2/...................| 155.2 156.4 157.2 1.6 .5 .1 .7 .5 

11-93 | Office and store machines and equipment 2/..........| 112.6 113.2 113.2 1.5 0 0 0 0 

12-2 | Commercial furniture 2/.............................| 162.2 163.2 162.5 .4 -.4 -.1 .1 -.4 

14-11-05 | Light motor trucks..................................| 143.7 154.3 154.8 2.5 .3 1.4 -1.7 1.1 

14-11-06 | Heavy motor trucks 2/...............................| 154.2 154.9 157.2 1.2 1.5 -.4 .3 1.5 

14-14 | Truck trailers 2/...................................| 139.7 139.7 141.6 2.4 1.4 .1 0 1.4 

14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 184.1 184.7 185.3 6.4 .3 -.1 .2 .4 

14-31 | Ships (Dec. 1985=100) 2/............................| 159.3 159.1 159.7 .9 .4 .1 0 .4 

14-4 | Railroad equipment 2/...............................| 136.9 137.7 137.7 2.4 0 .5 .1 0 

 | | 

 |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 134.1 134.5 136.1 3.8 1.2 -.1 .4 .8 

 | | 

 | INTERMEDIATE FOODS AND FEEDS..........................| 128.4 133.9 132.4 10.0 -1.1 2.7 -.5 -1.0 

 | | 

02-12-03 | Flour 2/............................................| 123.3 127.8 127.6 4.3 -.2 5.3 1.8 -.2 

02-53 | Refined sugar and byproducts 2/.....................| 121.1 121.4 119.2 -.6 -1.8 -1.5 .4 -1.8 

02-54 | Confectionery materials 2/..........................| 124.9 124.2 124.7 -1.6 .4 1.4 .7 .4 

02-72 | Crude vegetable oils 2/.............................| 138.7 142.7 (3) (3) (3) 18.1 -1.7 (3) 

02-9 | Prepared animal feeds 2/............................| 114.2 122.3 122.5 13.3 .2 7.0 -.4 .2 

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 134.5 134.7 136.4 3.6 1.3 -.2 .4 1.0 

 | | 

03-1 | Synthetic fibers 2/.................................| 106.5 105.7 105.4 -.8 -.3 -.1 -.2 -.3 

03-2 | Processed yarns and threads 2/......................| 103.6 105.4 107.0 4.5 1.5 1.1 .9 1.5 

03-3 | Gray fabrics 2/.....................................| 111.4 110.6 111.0 -.1 .4 -.4 -.5 .4 

03-4 | Finished fabrics 2/.................................| 121.0 120.9 121.0 .2 .1 .1 -.2 .1 

03-83-03 | Industrial textile products 2/......................| 130.5 129.7 130.2 -.3 .4 -.1 -.5 .4 

04-2 | Leather 2/..........................................| 215.6 218.6 220.1 5.1 .7 1.0 .1 .7 

05-32 | Liquefied petroleum gas 2/..........................| 139.3 164.4 194.0 26.8 18.0 .7 10.9 18.0 

____________________________________________________________________________________________________________________________________ 

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 | | |Jan. 2004 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Sept. |Dec. |Jan. | Jan. | Dec. |Oct. to|Nov. to|Dec. to 

 | |2003 1/|2003 1/|2004 1/| 2003 | 2003 | Nov. | Dec. | Jan. 

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

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | 

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

05-42 | Commercial electric power...........................| 151.1 138.2 137.6 1.7 -0.4 -3.6 1.2 -0.6 

05-43 | Industrial electric power...........................| 152.0 142.8 142.8 1.8 0 .1 -.5 -.2 

05-52 | Commercial natural gas (Dec. 1990=100)..............| 172.5 180.1 187.4 19.5 4.1 -1.6 1.5 -.2 

05-53 | Industrial natural gas (Dec. 1990=100)..............| 177.7 185.4 193.7 19.3 4.5 -3.9 -.7 .6 

05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 140.5 156.5 161.3 10.3 3.1 -8.1 4.8 -6.2 

05-72-03 | Jet fuels...........................................| 74.6 86.6 97.3 .3 12.4 3.9 8.3 11.1 

05-73-03 | No. 2 Diesel fuel...................................| 91.1 97.9 109.3 12.0 11.6 -2.9 10.6 11.4 

05-74 | Residual fuels 2/...................................| 103.3 104.3 103.5 18.4 -.8 (3) (3) -.8 

06-1 | Industrial chemicals 2/.............................| 139.8 143.4 150.0 8.8 4.6 -.1 1.9 4.6 

06-21 | Prepared paint......................................| 171.6 172.6 173.6 3.3 .6 .2 .3 .4 

06-22 | Paint materials 2/..................................| 172.3 172.1 172.0 .2 -.1 .5 -.9 -.1 

06-31 | Medicinal and botanical chemicals 2/................| 135.0 136.4 136.5 2.6 .1 2.5 -1.6 .1 

06-4 | Fats and oils, inedible.............................| 113.0 148.8 152.7 24.0 2.6 16.7 -7.0 3.6 

06-51 | Mixed fertilizers...................................| 120.0 121.1 121.7 6.5 .5 .4 .5 .1 

06-52-01 | Nitrogenates........................................| 147.6 156.8 161.9 31.5 3.3 .3 1.6 -1.4 

06-52-02 | Phosphates 2/.......................................| 110.3 112.7 115.1 13.8 2.1 .5 2.0 2.1 

06-53 | Other agricultural chemicals 2/.....................| 148.5 147.6 148.5 -.9 .6 .3 -1.5 .6 

06-6 | Plastic resins and materials 2/.....................| 144.9 145.4 148.5 8.2 2.1 .3 -.3 2.1 

07-11-02 | Synthetic rubber 2/.................................| 125.6 125.6 126.4 2.1 .6 -2.1 .1 .6 

07-21 | Plastic construction products ......................| 138.5 138.8 139.4 2.6 .4 .5 .5 1.0 

07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 142.2 143.2 143.3 4.2 .1 .8 .4 .1 

07-26 | Plastic parts and components for manufacturing 2/...| 116.7 116.7 116.5 .4 -.2 -.4 .9 -.2 

08-11 | Softwood lumber 2/..................................| 183.8 178.8 181.5 10.1 1.5 .7 -.3 1.5 

08-12 | Hardwood lumber 2/..................................| 191.0 195.8 198.4 9.1 1.3 1.6 -.4 1.3 

08-2 | Millwork............................................| 183.4 183.6 183.8 2.3 .1 .2 .1 .4 

08-3 | Plywood 2/..........................................| 193.9 191.4 173.9 19.2 -9.1 1.0 -7.1 -9.1 

09-11 | Woodpulp 2/.........................................| 122.2 125.3 125.3 8.6 0 1.7 -.1 0 

09-13 | Paper 2/............................................| 146.1 145.9 144.7 -.5 -.8 .4 -.2 -.8 

09-14 | Paperboard 2/.......................................| 160.5 159.9 158.0 -5.3 -1.2 -.2 .1 -1.2 

09-15-03 | Paper boxes and containers 2/.......................| 172.5 172.0 172.0 -1.1 0 .2 0 0 

09-2 | Building paper and board 2/.........................| 187.5 178.0 162.7 26.0 -8.6 -.1 -8.8 -8.6 

09-37 | Commercial printing (June 1982=100) 2/..............| 158.5 158.4 158.7 1.1 .2 .1 -.1 .2 

10-15 | Foundry and forge shop products.....................| 137.7 138.0 138.6 1.3 .4 .1 .1 .4 

10-17 | Steel mill products.................................| 108.7 112.1 114.4 4.5 2.1 .8 1.6 2.9 

10-22 | Primary nonferrous metals 2/........................| 104.4 115.8 120.8 19.4 4.3 4.0 2.4 4.3 

10-25-01 | Aluminum mill shapes 2/.............................| 142.6 142.6 142.1 -.9 -.4 .1 .1 -.4 

10-25-02 | Copper and brass mill shapes 2/.....................| 152.6 164.9 177.5 19.9 7.6 3.1 1.9 7.6 

10-26 | Nonferrous wire and cable 2/........................| 135.2 140.0 143.0 8.1 2.1 1.4 1.9 2.1 

10-3 | Metal containers 2/.................................| 109.2 109.5 110.6 1.7 1.0 .1 0 1.0 

10-4 | Hardware 2/.........................................| 156.7 156.9 159.6 2.2 1.7 -.1 .4 1.7 

10-5 | Plumbing fixtures and brass fittings................| 183.9 183.6 183.6 .9 0 .3 0 -.1 

10-6 | Heating equipment 2/................................| 163.5 164.0 164.5 2.0 .3 .2 -.1 .3 

10-7 | Fabricated structural metal products 2/.............| 145.5 146.4 147.6 1.5 .8 -.1 .5 .8 

10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 131.6 133.1 134.0 2.8 .7 -.4 .6 .7 

10-89 | Other misc. metal products 2/.......................| 127.6 127.5 127.6 .3 .1 0 -.1 .1 

11-45 | Mechanical power transmission equipment.............| 171.8 172.0 173.5 .8 .9 .3 .1 .3 

11-48 | Air conditioning and refrigeration equipment 2/.....| 136.8 137.4 136.6 -.6 -.6 -.1 .2 -.6 

11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100)........| 169.8 170.0 170.2 1.1 .1 .1 0 0 

11-49-05 | Ball and roller bearings 2/.........................| 171.3 170.9 171.8 .4 .5 0 0 .5 

11-71 | Wiring devices 2/...................................| 153.0 151.7 152.3 -.4 .4 -.2 -.6 .4 

11-73 | Motors, generators, motor generator sets............| 147.4 147.4 147.4 0 0 0 0 -.1 

11-75 | Switchgear, switchboard, etc., equipment............| 160.2 159.8 160.6 .3 .5 0 -.1 .3 

11-78 | Electronic components and accessories 2/............| 90.3 90.0 89.7 -1.8 -.3 -.2 -.4 -.3 

11-94 | Internal combustion engines 2/......................| 145.6 145.2 145.9 1.4 .5 -.3 0 .5 

11-95 | Machine shop products 2/............................| 140.9 141.2 141.2 .6 0 .1 0 0 

13-11 | Flat glass 2/.......................................| 110.7 110.2 110.2 -.9 0 .3 -.2 0 

13-22 | Cement..............................................| 151.7 151.2 151.3 -.8 .1 -.1 .4 -.1 

13-3 | Concrete products...................................| 153.5 154.7 155.3 1.6 .4 .3 .5 .1 

13-6 | Asphalt felts and coatings..........................| 117.0 116.4 115.3 5.0 -.9 1.4 -.2 -1.0 

13-7 | Gypsum products 2/..................................| 176.7 177.2 173.8 3.1 -1.9 1.9 1.1 -1.9 

13-8 | Glass containers 2/.................................| 141.0 140.9 143.0 2.9 1.5 .1 0 1.5 

14-12 | Motor vehicle parts 2/..............................| 111.7 111.3 111.5 -.2 .2 -.2 0 .2 

14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 154.0 154.0 159.6 5.1 3.6 .1 .1 2.4 

14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 150.6 149.4 150.5 -.1 .7 -.1 .1 .7 

15-42 | Photographic supplies 2/............................| 116.4 116.4 117.4 -1.3 .9 0 0 .9 

15-6 | Medical/surgical/personal aid devices 2/............| 154.8 155.6 156.2 1.4 .4 0 0 .4 

 | | 

 | CRUDE MATERIALS FOR FURTHER PROCESSING................| 134.7 139.9 144.7 13.7 3.4 .1 2.2 2.8 

 | | 

 | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 119.0 124.6 116.8 10.6 -6.3 0 -.2 -6.9 

 | | 

01-21 | Wheat 2/............................................| 95.7 110.6 110.5 13.3 -.1 15.9 2.8 -.1 

01-22-02 | Corn 2/.............................................| 96.6 98.0 104.9 14.6 7.0 8.5 6.4 7.0 

01-31 | Slaughter cattle 2/.................................| 130.5 141.6 116.9 2.5 -17.4 -6.6 -3.5 -17.4 

01-32 | Slaughter hogs......................................| 69.1 60.6 62.8 17.6 3.6 8.3 -2.6 -3.2 

01-41-02 | Slaughter broilers/fryers...........................| 156.1 162.1 168.0 13.6 3.6 -.4 9.0 -2.6 

01-42 | Slaughter turkeys...................................| 103.1 110.8 101.1 1.6 -8.8 2.4 1.6 9.5 

01-6 | Fluid milk..........................................| 107.9 102.5 97.4 10.4 -5.0 4.6 -7.7 -1.4 

01-83-01-31| Soybeans 2/.........................................| 104.8 134.2 141.9 52.1 5.7 5.0 2.2 5.7 

02-52-01-03| Cane sugar, raw (Dec. 2003=100) 2/..................| (3) 100.0 99.4 (3) -.6 (3) (3) -.6 

 | | 

 | CRUDE NONFOOD MATERIALS..............................| 142.8 147.4 162.1 15.5 10.0 .3 3.9 9.3 

 | | 

01-51 | Raw cotton 2/.......................................| 89.8 106.6 113.8 41.2 6.8 6.9 -10.1 6.8 

01-92 | Leaf tobacco 2/.....................................| 110.5 116.1 115.8 -.3 -.3 4.8 -.3 -.3 

04-1 | Hides and skins (June 2001=100) 2/..................| 185.1 191.6 197.1 6.0 2.9 -2.5 2.5 2.9 

05-1 | Coal 2/.............................................| 100.6 100.9 99.3 .5 -1.6 -.6 .4 -1.6 

05-31 | Natural gas 2/......................................| 202.4 196.1 231.0 19.4 17.8 -1.3 6.1 17.8 

05-61 | Crude petroleum 2/..................................| 75.0 81.9 88.5 2.8 8.1 -2.3 2.6 8.1 

08-5 | Logs, timber, etc...................................| 183.1 188.4 189.6 6.0 .6 -.1 1.2 .5 

09-12 | Wastepaper 2/.......................................| 198.2 203.9 209.7 15.0 2.8 1.3 -.2 2.8 

10-11 | Iron ore 2/.........................................| 96.5 96.5 97.1 1.8 .6 0 0 .6 

10-12 | Iron and steel scrap................................| 193.4 231.7 265.0 72.2 14.4 12.3 8.8 5.7 

10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 82.2 87.8 90.3 22.7 2.8 2.7 5.1 2.8 

10-23-01 | Copper base scrap 2/................................| 128.2 151.6 158.4 33.6 4.5 7.6 6.8 4.5 

10-23-02 | Aluminum base scrap.................................| 167.6 177.7 185.5 14.6 4.4 2.0 .6 3.2 

13-21 | Construction sand, gravel, and crushed stone........| 178.0 178.3 180.0 2.9 1.0 .3 .2 .4 

____________________________________________________________________________________________________________________________________ 

 

1/ The indexes for September 2003 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 |Sept. 2003 | Dec. 2003 | Jan. 2004 | 

_________|________________________________________________|___________|___________|___________| 

 | | | | | 

 | Finished Goods (1967=100)......................| 404.0 | 405.6 | 408.0 | 

 | All commodities................................| 138.5 | 139.4 | 143.0* | 

 | | | | | 

 | | | | | 

 | MAJOR COMMODITY GROUPS | | | | 

 | | | | | 

 | Farm products and processed foods and feeds....| 135.6 | 139.8 | 135.9* | 

01 | Farm products................................| 116.1 | 124.2 | 116.8 | 

02 | Processed foods and feeds....................| 145.2 | 147.3 | 146.1 | 

 | | | | | 

 | Industrial commodities.........................| 139.1 | 139.4 | 144.4* | 

03 | Textile products and apparel.................| 120.0 | 119.5 | 119.8 | 

04 | Hides, skins, leather, and related products..| 162.9 | 164.6 | 165.7 | 

05 | Fuels and related products and power.........| 113.0 | 110.6 | 117.7 | 

06 | Chemicals and allied products 2/.............| 161.4 | 163.3 | 166.4 | 

07 | Rubber and plastic products..................| 130.4 | 130.8 | 130.8 | 

08 | Lumber and wood products.....................| 184.0 | 184.0 | 183.4 | 

09 | Pulp, paper, and allied products.............| 190.6 | 190.9 | 191.4 | 

10 | Metals and metal products....................| 129.5 | 132.8 | 135.2 | 

11 | Machinery and equipment......................| 121.7 | 121.6 | 121.7 | 

12 | Furniture and household durables.............| 133.6 | 133.8 | 133.5 | 

13 | Nonmetallic mineral products.................| 148.5 | 148.8 | 149.0 | 

14 | Transportation equipment.....................| 144.1 | 147.2 | 147.8 | 

15 | Miscellaneous products.......................| 179.6 | 180.7 | 181.6 | 

 | | | | | 

 | Industrial commodities less fuels and related | | | | 

 | products and power...........................| 145.0 | 146.2 | 147.1 | 

 | | | | | 

 | | | | | 

 | OTHER COMMODITY GROUPINGS | | | | 

 | | | | | 

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

 | and tree nuts................................| 116.7 | 130.8 | 116.2 | 

01-2 | Grains.........................................| 96.6 | 101.3 | 105.9 | 

01-3 | Slaughter livestock............................| 114.5 | 120.2 | 103.1 | 

01-4 | Slaughter poultry..............................| 143.4 | 149.7 | 152.4 | 

01-5 | Plant and animal fibers........................| 90.9 | 107.5 | 114.7 | 

01-7 | Chicken eggs...................................| 145.4 | 173.4 | 162.8 | 

01-8 | Hay, hayseeds, and oilseeds....................| 125.5 | 152.5 | 158.2 | 

01-83 | Oilseeds.......................................| 114.3 | 144.9 | 152.6 | 

01-9 | Other farm products............................| 164.8 | 173.1 | 172.7 | 

02-1 | Cereal and bakery products.....................| 171.1 | 172.5 | 172.6 | 

02-2 | Meats, poultry, and fish.......................| 134.1 | 137.0 | 132.0 | 

02-22 | Processed poultry..............................| 120.0 | 122.5 | 125.5 | 

02-5 | Sugar and confectionery........................| 148.6 | 149.1 | 148.9 | 

02-6 | Beverages and beverage materials...............| 149.5 | 149.8 | 151.1 | 

02-63 | Packaged beverage materials....................| 129.2 | 129.3 | 129.2 | 

02-7 | Fats and oils..................................| 154.1 | 175.0 | 183.5 | 

03-81 | Apparel........................................| 125.9 | 124.8 | 124.7 | 

04-4 | Other leather and related products.............| 148.5 | 148.6 | 148.5 | 

05-3 | Gas fuels......................................| 184.5 | 185.5 | 218.6 | 

05-4 | Electric power.................................| 148.6 | 139.3 | 139.1 | 

05-7 | Refined petroleum products.....................| 97.8 | 92.7 | 103.7 | 

06-3 | Drugs and pharmaceuticals......................| 276.9 | 277.0 | 278.6 | 

06-5 | Agricultural chemicals and products............| 135.5 | 137.7 | 139.9 | 

06-7 | Other chemicals and allied products............| 141.4 | 142.1 | 142.2 | 

07-1 | Rubber and rubber products.....................| 119.4 | 119.6 | 119.9 | 

07-11 | Rubber, except natural rubber..................| 124.9 | 125.0 | 125.8 | 

07-13 | Miscellaneous rubber products..................| 140.9 | 141.1 | 141.4 | 

07-2 | Plastic products...............................| 138.8 | 139.2 | 139.1 | 

08-1 | Lumber.........................................| 183.3 | 181.8 | 184.4 | 

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

 | paper and board..............................| 156.9 | 157.0 | 156.7 | 

09-15 | Converted paper and paperboard products........| 165.2 | 165.1 | 165.1 | 

10-1 | Iron and steel.................................| 122.0 | 128.1 | 132.9 | 

10-2 | Nonferrous metals..............................| 124.3 | 130.4 | 133.3 | 

10-25 | Nonferrous mill shapes.........................| 136.7 | 138.9 | 139.9 | 

11-3 | Metalworking machinery and equipment...........| 150.2 | 150.4 | 150.9 | 

11-4 | General purpose machinery and equipment........| 155.6 | 155.9 | 156.3 | 

11-6 | Special industry machinery.....................| 167.3 | 167.9 | 168.5 | 

11-7 | Electrical machinery and equipment.............| 114.4 | 114.1 | 113.8 | 

11-9 | Miscellaneous machinery and equipment..........| 137.8 | 138.5 | 138.7 | 

12-6 | Other household durable goods..................| 158.2 | 158.8 | 158.7 | 

13-2 | Concrete ingredients...........................| 165.3 | 165.3 | 166.3 | 

14-1 | Motor vehicles and equipment...................| 126.8 | 131.0 | 131.4 | 

15-1 | Toys, sporting goods, small arms, etc..........| 132.3 | 132.4 | 132.9 | 

15-4 | Photographic equipment and supplies............| 103.5 | 103.5 | 104.1 | 

15-9 | Other miscellaneous products...................| 140.7 | 142.2 | 142.5 | 

__________________________________________________________|___________|___________|___________| 

 

1/ Data for September 2003 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. 

* The preliminary January 2004 index level for this series, shown above as originally published on March 18, 2004, was corrected 

in a notice on the Bureau of Labor Statistics website on March 26, 2004. See http://www.bls.gov/ppi/notice03262004.htm for the 

corrected index level and for more information.
Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally 

adjusted 

____________________________________________________________________________________________________________________ 

 | | | Index | Percent change 

 Industry | Industry 1/ |Index|_______________________|to_Jan._2004_from:__ 

 code | |base | | | | | 

 | | |Sep. |Dec. |Jan. | Jan. | Dec. 

 | | |2003 2/|2003 2/|2004 2/| 2003 | 2003 

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

 | | | 

 |Total mining industries...................... |12/84| 124.7 127.2 141.6 12.4 11.3 

 211 | Oil and gas extraction...................... |12/85| 149.4 152.6 177.0 16.1 16.0 

 212 | Mining (except oil & gas)................... |12/03| (3) 100.0 101.4 (3) 1.4 

 213 | Mining support activities................... |12/03| (3) 100.0 102.0 (3) 2.0 

 | | | 

 |Total manufacturing industries............... |12/84| 137.1 137.7 138.9 2.4 .9 

 311 | Food mfg.................................... |12/84| 139.0 140.9 139.5 4.2 -1.0 

 312 | Beverage & tobacco mfg...................... |12/03| (3) 100.0 100.7 (3) .7 

 313 | Textile mills............................... |12/03| (3) 100.0 100.5 (3) .5 

 314 | Textile product mills....................... |12/03| (3) 100.0 99.8 (3) -.2 

 315 | Apparel Manufacturing....................... |12/03| (3) 100.0 100.0 (3) 0 

 316 | Leather & allied product mfg................ |12/84| 143.2 143.6 144.0 1.1 .3 

 321 | Wood products manufacturing................. |12/03| (3) 100.0 99.2 (3) -.8 

 322 | Paper manufacturing......................... |12/03| (3) 100.0 99.7 (3) -.3 

 323 | Printing and related support activities..... |12/03| (3) 100.0 100.4 (3) .4 

 324 | Petroleum and coal products mfg............. |12/84| 122.1 117.4 131.3 12.7 11.8 

 325 | Chemical mfg................................ |12/84| 164.8 165.4 167.1 3.9 1.0 

 326 | Plastics and rubber products mfg............ |12/84| 128.6 128.8 128.8 2.0 0 

 327 | Nonmetallic mineral product mfg............. |12/84| 138.2 138.6 138.6 .7 0 

 331 | Primary metal mfg........................... |12/84| 118.1 121.1 123.6 4.8 2.1 

 332 | Fabricated metal product mfg................ |12/84| 133.1 133.5 134.4 1.5 .7 

 333 | Machinery mfg............................... |12/03| (3) 100.0 100.4 (3) .4 

 334 | Computer & electronic product mfg........... |12/03| (3) 100.0 99.9 (3) -.1 

 335 | Electrical equip, appliance & component mfg. |12/03| (3) 100.0 100.3 (3) .3 

 336 | Transportation equipment mfg................ |12/03| (3) 100.0 100.3 (3) .3 

 337 | Furniture & related product mfg............. |12/84| 147.2 147.8 147.3 .2 -.3 

 339 | Miscellaneous mfg........................... |12/03| (3) 100.0 100.4 (3) .4 

 | | | 

 |Retail trade industries | | 

 441 | Motor vehicle and parts dealers............. |12/03| (3) 100.0 100.2 (3) .2 

 442 | Furniture and home furnishings stores....... |12/03| (3) 100.0 99.9 (3) -.1 

 443 | Electronics and appliance stores............ |12/03| (3) 100.0 105.1 (3) 5.1 

 444 | Bldg material and garden equip and supp | | 

 | dealers.................................... |12/03| (3) 100.0 101.5 (3) 1.5 

 445 | Food and beverage stores.................... |12/99| 115.8 119.0 120.6 3.9 1.3 

 446 | Health and personal care stores............. |12/03| (3) 100.0 99.9 (3) -.1 

 447 | Gasoline stations........................... |06/01| 70.3 47.4 43.6 1.2 -8.0 

 448 | Clothing and clothing accessories stores.... |12/03| (3) 100.0 100.2 (3) .2 

 451 | Sporting goods, hobby, book and music stores |12/03| (3) 100.0 101.2 (3) 1.2 

 452 | General merchandise stores.................. |12/03| (3) 100.0 102.2 (3) 2.2 

 454 | Nonstore retailers.......................... |12/03| (3) 100.0 101.3 (3) 1.3 

 | | | 

 |Transportation and warehousing | | 

 481 | Air transportation.......................... |12/92| 162.0 164.0 163.0 1.0 -.6 

 482 | Rail transportation......................... |12/96| 109.3 109.5 110.2 2.7 .6 

 483 | Water transportation........................ |12/03| (3) 100.0 99.7 (3) -.3 

 484 | Truck transportation........................ |12/03| (3) 100.0 100.2 (3) .2 

 486110 | Pipeline transportation of crude oil........ |06/86| 111.3 111.1 116.8 5.8 5.1 

 486910 | Pipeline transportation of refined petroleum | | 

 | products................................... |06/86| 114.1 113.8 117.4 5.9 3.2 

 488 | Transportation support activities........... |12/03| (3) 100.0 100.0 (3) 0 

 491 | Postal service.............................. |06/89| 155.0 155.0 155.0 0.0 0.0 

 492 | Couriers and messengers..................... |12/03| (3) 100.0 105.3 (3) 5.3 

 493* | Warehousing and storage..................... |06/93| 117.8 118.1 118.1 1.0 0 

 | | | 

 |Utilities | | 

 221 | Utilities................................... |12/03| (3) 100.0 101.3 (3) 1.3 

 | | | 

 |Health care and social assistance | | 

 6211 | Offices of physicians....................... |12/96| 112.7 112.8 113.6 2.8 .7 

 6215 | Medical and diagnostic laboratories......... |12/03| (3) 100.0 100.3 (3) .3 

 6216 | Home health care services................... |12/96| 116.5 118.0 119.4 2.6 1.2 

 622 | Hospitals................................... |12/92| 135.3 137.3 139.9 5.7 1.9 

 6231 | Nursing care facilities..................... |12/03| (3) 100.0 101.0 (3) 1.0 

 62321 | Residential mental retardation facilities... |12/03| (3) 100.0 99.8 (3) -.2 

____________________________________________________________________________________________________________________ 

See footnotes at end of table. 
Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally 

adjusted--Continued 

____________________________________________________________________________________________________________________ 

 | | | Index | Percent change 

 Industry | Industry 1/ |Index|_______________________|to_Jan._2004_from:__ 

 code | |base | | | | | 

 | | |Sep. |Dec. |Jan. | Jan. | Dec. 

 | | |2003 2/|2003 2/|2004 2/| 2003 | 2003 

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

 | | | 

 |Other services industries | | 

 511 | Publishing industries, except Internet...... |12/03| (3) 100.0 100.7 (3) .7 

 515 | Broadcasting, except Internet............... |12/03| (3) 100.0 98.0 (3) -2.0 

 517 | Telecommunications.......................... |12/03| (3) 100.0 100.5 (3) .5 

 5182 | Data processing and related services........ |12/03| (3) 100.0 99.8 (3) -.2 

 523 | Security, commodity contracts and like | | 

 | activity................................... |12/03| (3) 100.0 101.8 (3) 1.8 

 524* | Insurance carriers and related activities... |12/03| (3) 100.0 100.6 (3) .6 

 53112 | Lessors of nonres bldg (exc miniwarehouse).. |12/03| (3) 100.0 100.9 (3) .9 

 5312 | Offices of real estate agents and brokers... |12/03| (3) 100.0 100.0 (3) 0 

 5313 | Real estate support activities.............. |12/03| (3) 100.0 100.3 (3) .3 

 5321 | Automotive equipment rental and leasing..... |06/01| 107.8 109.4 107.7 3.2 -1.6 

 5411 | Legal services.............................. |12/96| 126.0 126.7 127.2 1.8 .4 

 541211 | Offices of certified public accountants..... |12/03| (3) 100.0 101.5 (3) 1.5 

 5413 | Architectural, engineering and related | | 

 | services................................... |12/96| 124.7 125.4 126.2 1.3 .6 

 54181 | Advertising agencies........................ |12/03| (3) 100.0 100.0 (3) 0 

 5613 | Employment services......................... |12/96| 111.9 111.9 111.8 1.1 -.1 

 56151 | Travel agencies............................. |12/03| (3) 100.0 99.9 (3) -.1 

 56172 | Janitorial services......................... |12/03| (3) 100.0 100.1 (3) .1 

 5621 | Waste collection............................ |12/03| (3) 100.0 100.0 (3) 0 

 721 | Accommodation............................... |12/96| 120.4 120.5 121.3 -.2 .7 

____________________________________________________________________________________________________________________ 

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 September 2003 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 replaced the SIC classification system beginning with the release of PPI data for January 2004. 

* The indexes for 493 and 524 should not have been included in this table. These two series do not meet the Bureau of Labor 

Statistics' standards for accuracy of published data. (Footnote added on March 26, 2004.) 
Table 5. Producer price indexes by stage of processing, seasonally adjusted 

(1982=100) 

_____________________________________________________________________________________________________________ 

 | 

 | Index 1/ 

 |_____________________________________________________ 

 Grouping | | | | | | 

 | Aug. | Sep. | Oct. | Nov. | Dec. | Jan. 

 | 2003 | 2003 | 2003 | 2003 | 2003 | 2004 

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

 | 

 Finished goods...................................| 143.5 143.8 144.8 144.5 144.8 145.7 

 Finished consumer goods........................| 145.5 146.0 147.0 146.7 147.1 148.2 

 Finished consumer foods......................| 145.8 147.5 150.6 150.2 150.4 148.3 

 Crude......................................| 129.5 135.4 133.5 133.9 147.3 135.1 

 Processed..................................| 147.1 148.5 152.0 151.6 150.6 149.4 

 Finished consumer goods, excluding foods.....| 145.0 145.0 145.2 144.9 145.5 147.8 

 Nondurable goods less foods................| 148.9 149.0 148.8 148.2 149.3 152.5 

 Durable goods..............................| 132.9 132.8 133.8 134.1 133.6 134.1 

 Capital equipment..............................| 139.7 139.6 140.4 140.2 140.1 140.5 

 Manufacturing industries.....................| 140.0 140.0 140.7 140.2 140.3 140.7 

 Nonmanufacturing industries..................| 139.5 139.4 140.2 140.2 139.9 140.4 

 | 

 Intermediate materials, supplies, and components.| 134.1 134.0 134.4 134.3 134.9 136.0 

 Materials and components for manufacturing.....| 129.8 129.8 130.5 130.8 131.1 131.8 

 Materials for food manufacturing.............| 134.7 136.6 141.2 142.0 141.3 139.1 

 Materials for nondurable manufacturing.......| 137.6 136.5 137.3 137.7 138.3 140.1 

 Materials for durable manufacturing..........| 127.4 128.5 129.6 130.6 131.2 132.5 

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

 Materials and components for construction......| 153.5 154.9 155.3 156.0 155.9 156.3 

 Processed fuels and lubricants.................| 114.6 113.0 113.1 110.7 112.8 115.8 

 Manufacturing industries ....................| 119.7 118.4 117.4 115.8 115.8 117.7 

 Nonmanufacturing industries..................| 111.4 109.6 110.4 107.5 110.9 114.7 

 Containers.....................................| 153.6 153.5 153.2 153.5 153.4 153.9 

 Supplies.......................................| 141.2 141.6 141.9 142.7 142.7 143.3 

 Manufacturing industries.....................| 146.7 146.7 146.6 146.9 147.0 147.2 

 Nonmanufacturing industries..................| 138.6 139.2 139.5 140.4 140.5 141.2 

 Feeds......................................| 101.5 107.8 108.4 117.9 117.2 117.7 

 Other supplies.............................| 143.2 143.2 143.4 143.5 143.6 144.4 

 | 

 Crude materials for further processing...........| 130.6 134.1 138.2 138.4 141.4 145.3 

 Foodstuffs and feedstuffs......................| 110.0 117.7 127.4 127.4 127.2 118.4 

 Nonfood materials..............................| 142.6 142.8 142.1 142.5 148.0 161.8 

 Nonfood materials except fuel 2/.............| 117.0 113.9 119.4 121.2 124.7 130.9 

 Manufacturing 2/...........................| 107.6 104.6 109.8 111.5 114.8 120.6 

 Construction...............................| 180.2 181.2 182.3 182.6 184.9 186.3 

 Crude fuel 3/................................| 171.2 176.9 165.8 163.8 172.1 197.6 

 Manufacturing industries...................| 163.0 168.4 158.2 156.3 163.9 187.3 

 Nonmanufacturing industries................| 175.1 180.9 169.5 167.4 176.0 202.1 

 | 

 Special groupings | 

 | 

 Finished goods, excluding foods..................| 142.6 142.6 143.0 142.8 143.1 144.8 

 Intermediate materials less foods and feeds......| 134.6 134.4 134.7 134.4 135.0 136.3 

 Intermediate foods and feeds.....................| 124.4 127.8 131.1 134.7 134.0 132.7 

 Crude materials less agricultural products 2/....| 144.7 144.7 143.4 143.6 149.5 163.8 

 | 

 Finished energy goods............................| 102.9 102.8 102.5 101.6 103.2 108.0 

 Finished goods less energy.......................| 149.0 149.5 150.7 150.6 150.6 150.3 

 Finished consumer goods less energy..............| 153.0 153.7 155.2 155.2 155.1 154.6 

 | 

 Finished goods less foods and energy.............| 150.5 150.5 151.2 151.2 151.0 151.4 

 Finished consumer goods less foods and energy....| 157.8 157.8 158.4 158.5 158.3 158.8 

 Consumer nondurable goods less foods and energy..| 177.9 178.1 178.2 178.2 178.2 178.6 

 | 

 Intermediate energy goods........................| 114.4 112.1 112.2 109.9 111.9 114.9 

 Intermediate materials less energy...............| 137.5 138.0 138.5 139.0 139.1 139.8 

 Intermediate materials less foods and energy.....| 138.4 138.7 139.1 139.4 139.6 140.4 

 | 

 Crude energy materials 2/........................| 139.7 138.2 135.7 133.6 139.3 156.7 

 Crude materials less energy......................| 120.5 127.2 135.4 137.1 138.3 133.5 

 Crude nonfood materials less energy 3/...........| 151.5 155.6 159.6 166.1 171.1 176.8 

_____________________________________________________________________________________________________________ 

 

 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 September 2003 have been 

 recalculated to incorporate late reports and corrections by respondents. 

 2/ Includes crude petroleum. 

 3/ Excludes crude petroleum.