News United States 

Department 

of Labor 

Bureau of Labor Statistics Washington, D.C. 20212 

FOR DATA ONLY: (202) 691-5200 USDL 04-1521 

FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN 

(202) 691-7705 THIS RELEASE IS EMBARGOED 

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

http://www.bls.gov/ppi AUGUST 13, 2004 

Producer Price Indexes -- July 2004 

The Producer Price Index for Finished Goods rose 0.1 percent in July, seasonally adjusted, the Bureau of 

Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 0.3-percent decline 

in June and a 0.8-percent jump in May. Prices for finished goods other than foods and energy increased 0.1 

percent in July, following a 0.2-percent rise in the previous month. At the earlier stages of processing, prices 

received by manufacturers of intermediate goods advanced 0.8 percent, compared with a 0.5-percent gain in 

June, while the crude goods index edged down 0.2 percent, after climbing 1.6 percent in the prior month. (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

July 0.1 -0.3 0.5 0.1 3.0 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. .6 2.0 -.4 .5 3.4 .3 2.8

Nov. -.1 -.3 -.7 0 3.4 0 0

Dec. .2 .2 1.4 -.1 4.0 .4 3.4

2004

Jan. .6 -1.3 4.7 .3 3.3 .9 4.1

Feb. .1 .4 .3 -.1 2.1 1.0 1.5

Mar. r .6 r 1.5 .6 .3 r 1.5 r .8 r 1.6 

Apr. r .6 r 1.1 1.6 .2 3.7 r 1.2 r .8 

May .8 1.5 1.6 .3 5.0 1.1 2.8

June -.3 -.6 -1.6 .2 4.0 .5 1.6

July .1 -1.6 2.3 .1 4.0 .8 -.2

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

reported because data for March 2004 have been revised to reflect the availability of late reports and corrections 

by respondents.
-2- 

The July upturn in the finished goods index was led by the index for finished energy goods, which rose 

2.3 percent in July following a 1.6-percent drop in June. By contrast, the index for finished consumer foods 

declined 1.6 percent in July, compared with a 0.6-percent decrease in June. Among finished goods other than 

foods and energy, the capital equipment index inched up 0.1 percent, following a 0.2-percent increase in the 

previous month, and prices for finished consumer goods advanced 0.1 percent for the second consecutive 

month. 

 Before seasonal adjustment, the Producer Price Index for Finished Goods showed no change in July to 

remain at 148.7 (1982 = 100). From July 2003 to July 2004, the finished goods index moved up 4.0 percent. 

Over the same period, prices for finished energy goods advanced 11.3 percent, the index for finished consumer 

foods rose 5.0 percent, and prices for finished goods other than foods and energy increased 1.7 percent. The 

index for intermediate goods climbed 7.6 percent, and prices received by crude goods producers jumped 22.2 

percent for the 12-month period ended in July 2004. 

Finished goods

 The finished energy goods index increased 2.3 percent in July, compared with a 1.6-percent decline in 

June. Leading this upturn, gasoline prices advanced 5.4 percent, following a 5.2-percent decrease in the 

previous month. The indexes for residential electric power and diesel fuel also turned up, after posting declines 

in June. Prices for liquefied petroleum gas rose, after showing no change in the prior month. The index for 

home heating oil climbed at a faster pace in July than it did a month earlier. On the other hand, residential 

natural gas prices increased 1.2 percent, following a 3.1-percent gain in the previous month. 

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 

July -0.9 1.5 -0.1 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. 2.7 -.2 .3 3.4 8.5 -2.8 3.0 22.6

Nov. 2.6 -1.3 .1 3.4 -.6 -1.3 4.3 18.0

Dec. -.3 1.4 .2 3.9 .3 7.0 3.0 19.5

2004 

Jan. -1.3 2.9 .6 3.9 -6.8 15.3 3.7 16.1

Feb. 1.3 .7 .9 2.8 4.3 -2.8 6.1 12.0

Mar. r 2.5 r .4 r .8 r 1.5 r 6.9 r -3.7 r 2.8 r .5

Apr. r 4.5 r 1.5 r .9 5.1 r 2.9 r 2.2 r -5.4 20.4

May 3.0 1.8 .9 7.1 3.2 5.8 -3.8 21.9

June -2.2 .7 .5 6.9 -3.6 7.7 -.5 18.9

July -1.4 2.3 .5 7.6 -4.8 .2 8.6 22.2

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

for March 2004 have been revised to reflect the availability of late reports and corrections by respondents. 
-3- 

 The finished consumer foods index declined 1.6 percent in July -- the largest decrease since a 3.1-

percent drop in April 2002. In June 2004, this index fell 0.6 percent. Beef and veal prices declined 8.3 percent 

in July, after rising 2.0 percent in the previous month. The index for soft drinks also turned down in July. 

Prices for dairy products, roasted coffee, and processed turkeys fell more rapidly in July than they did in June, 

while price increases for pork and processed fruits and vegetables slowed during the same period. On the other 

hand, the index for fresh and dry vegetables declined 2.8 percent, after plummeting 24.0 percent in June. The 

indexes for fresh fruits and melons and for processed young chickens also fell less in July than they did in the 

prior month. July prices for finfish and shellfish and for confectionery end products turned up, following 

decreases a month earlier. 

The index for capital equipment inched up 0.1 percent, subsequent to a 0.2-percent gain in June. Rising 

prices were registered in July for civilian aircraft, construction machinery and equipment, welding machines 

and equipment, railroad equipment, semiconductor manufacturing equipment, and industrial material handling 

equipment. These increases slightly outweighed declining prices for communication and related equipment, 

commercial furniture, passenger cars, integrating and measuring instruments, x-ray and electromedical 

equipment, and electronic computers. 

Prices for finished consumer goods other than foods and energy inched up 0.1 percent in July, after 

rising at the same rate in June. In July, rising prices for sanitary paper products, cosmetics and other toilet 

preparations, book publishing, periodical circulation, men’s and boys’ apparel, and cigarettes slightly 

outweighed falling prices for passenger cars; home electronic equipment; women’s, girls’, and infants’ apparel; 

tires; household furniture; and toys, games, and children’s vehicles. 

Intermediate goods

Registering its eighth consecutive gain, the Producer Price Index for Intermediate Materials, Supplies, 

and Components advanced 0.8 percent in July, following a 0.5-percent increase in June. Prices for intermediate 

energy goods and materials for nondurable manufacturing moved up at a faster rate in July than they did a 

month earlier, while the index for intermediate foods and feeds fell at a slower pace than it did in June. 

Conversely, prices for materials and components for construction and for materials for durable manufacturing 

rose less in July than they did in June. Excluding foods and energy, prices for intermediate goods went up 0.5 

percent, the same rate of increase observed in the previous month. (See table B.) 

 Prices for intermediate energy goods advanced 2.3 percent in July, compared with a 0.7-percent rise in 

June. Leading this acceleration, the index for jet fuels surged 16.0 percent, following a 9.8-percent decline in 

the preceding month. Prices for gasoline and diesel fuel also turned up in July. The index for liquefied 

petroleum gas increased, after showing no change in the prior month, while prices for commercial electric 

power fell less than they did in June. On the other hand, the index for industrial natural gas moved up at a 2.7-

percent rate in July, following a 6.7-percent gain a month earlier. Prices for natural gas to electric utilities and 

commercial natural gas also rose less than they did in June. The indexes for residual fuel and industrial electric 

power turned down in July. 
-4- 

 Prices for materials for nondurable manufacturing climbed 1.0 percent in July, after posting a 0.7-

percent advance in June. The index for inedible fats and oils turned up 4.4 percent, following a 17.9-percent 

drop in the preceding month. Prices for intermediate basic organic chemicals and synthetic fibers also rose in 

July, after falling a month earlier. The indexes for paperboard, primary basic organic chemicals, and alkalies 

and chlorine increased at a quicker pace in July than they did in the previous month. On the other hand, prices 

for basic organic chemicals (other than primary and intermediate) declined 0.7 percent in July, after rising 0.9 

percent in June. The indexes for paper and for medicinal and botanical chemicals also moved down, following 

advances in the prior month. Price increases slowed from June to July for plastic resins and materials and gray 

fabrics. 

 The index for intermediate foods and feeds decreased 1.4 percent in July, following a 2.2-percent drop 

in June. In July, falling prices for beef and veal, dairy products, shortening and cooking oils, flour, and 

processed young chickens outweighed rising prices for prepared animal feeds, sausage and deli meats, pork, 

confectionery materials, and refined sugar and byproducts. 

The index for materials and components for construction moved up 0.2 percent in July, compared with a 

0.7-percent gain in June. Prices for steel mill products increased 1.9 percent, after surging 6.2 percent in the 

preceding month. The indexes for millwork, concrete products, and fabricated structural metal products also 

advanced at a slower rate. Prices for building paper and board fell more in July than they did in June, while the 

index for prefabricated wood buildings and components turned down, after rising in June. Conversely, prices 

for asphalt felts and coatings climbed 1.4 percent in July, following a 1.9-percent decrease in the previous 

month. The index for mineral wool for structural insulation advanced at a quicker rate, compared with June, 

while prices for softwood lumber went down less in July than they did a month earlier. The index for plastic 

construction products rose, after showing no change in the prior month. 

Prices for materials for durable manufacturing increased 1.0 percent in July, nearly matching the 1.1-

percent gain observed for June. In July, rising prices for steel mill products, primary nonferrous metals, 

aluminum mill shapes, prepared paint, unprocessed filament yarns, and for copper and brass mill shapes 

outweighed falling prices for building paper and board and for plywood. 

Crude goods

The Producer Price Index for Crude Materials for Further Processing turned down 0.2 percent in July, 

after posting a 1.6-percent gain in the preceding month. The rate of increase in prices for crude energy 

materials slowed from June to July. The crude foodstuffs and feedstuffs index fell at a faster pace in July than it 

did in the prior month. By contrast, prices for basic industrial materials rose in July, after declining a month 

earlier. (See table B.) 

Price increases for crude energy materials decelerated from 7.7 percent in June to 0.2 percent in July. 

The natural gas index moved down 2.0 percent in July, following a 17.0-percent jump in the prior month. Coal 

prices dropped 0.9 percent, compared with a 0.1-percent gain in the preceding month. On the other hand, the 

index for crude petroleum turned up 5.3 percent in July, after falling 5.5 percent in June. 

Prices for crude foodstuffs and feedstuffs declined 4.8 percent in July, following a 3.6-percent decrease 

in the previous month. The slaughter cattle index turned down 3.4 percent, after inching up 0.2 percent in the 

prior month. Prices for slaughter broilers and fryers and for alfalfa hay also fell, following increases in June. 

The indexes for corn and fluid milk moved down at a quicker pace in July than they did a month earlier. 

Alternatively, prices for soybeans went down 0.5 percent, after plummeting 13.5 percent in the preceding 

month. The indexes for fresh and dry vegetables, fresh fruits and melons, and wheat also decreased less than 

they did in June, while prices for slaughter hogs and unprocessed finfish turned up in July. 
-5- 

The index for crude nonfood materials less energy advanced 8.6 percent in July, compared with a 0.5-

percent decline in the preceding month. Prices for iron and steel scrap surged 32.2 percent, after rising 0.6 

percent in the prior month. The indexes for gold ores and for hides and skins also climbed at a faster rate in 

July than they did a month earlier. Prices for copper base scrap and aluminum base scrap turned up, following 

June decreases. By contrast, the index for logs, bolts, timber, and pulpwood went up 1.1 percent in July, after 

increasing 2.5 percent in the previous month. Raw cotton prices fell more than they did in June. The index for 

iron ore declined, following no change in the prior month. 

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

Mining. The Producer Price Index for the Net Output of Total Mining Industries rose 0.9 percent in July, 

following a 6.1-percent gain in the previous month. (Net output price indexes are not seasonally adjusted.) 

Much of this deceleration can be attributed to prices received by the natural gas liquid extraction industry, 

which turned down 0.3 percent in July following a 16.6-percent jump in June. The industry index for potash, 

soda, and borate mineral mining also turned down in July. Prices received by the industries for crude petroleum 

and natural gas extraction, oil and gas well drilling, and oil and gas operations support activities rose less in July 

than they did in June. Conversely, the index for gold ore mining increased 4.9 percent in July, after posting a 

1.6-percent rise in the prior month. Prices received by the coal mining support activities industry turned up, 

compared with a decline in June. In July 2004, the Producer Price Index for the Net Output of Total Mining 

Industries was 155.2 (December 1984=100), 17.9 percent above its year-ago level. 

Manufacturing. The Producer Price Index for the Net Output of Total Manufacturing Industries rose 0.3 

percent in July, compared with a 0.3-percent decrease in the prior month. Prices received by the petroleum and 

coal products manufacturing industry group rebounded 5.6 percent, after falling 5.5 percent in June. The 

industry group indexes for machinery, nonmetallic mineral products, and printing and related support activities 

rose more in July than they did in June. Prices received by the computer and electronic products industry group 

decreased less in July than they did in the prior month. On the other hand, prices received by manufacturers of 

furniture and related products turned down 0.5 percent, after rising 1.3 percent in June. The industry group 

indexes for transportation equipment and for beverage and tobacco manufacturing also turned down in July. 

Prices received by the industry groups for chemicals and primary metals rose at a slower pace in July than they 

did in the prior month, and the food manufacturing industry group index fell more in July than it did in June. In 

July 2004, the Producer Price Index for the Net Output of Total Manufacturing Industries was 143.4 (December 

1984=100), 5.1 percent above its year-ago level. 

Services. Among services industries in June, prices rose at a faster pace for the general medical and surgical 

hospitals, direct life insurance carriers, and passenger car rental industries. The industry indexes for hotels 

(excluding casino hotels) and motels, nursing care facilities, and nonresidential property managers turned up in 

July, after falling in the previous month. Alternatively, the industry indexes for television broadcasting, 

portfolio management, wired telecommunications carriers, investment banking and securities dealing, and 

scheduled passenger air transportation decreased, compared with increases in June. 

***** 

Producer Price Index data for August 2004 are scheduled to be released on Friday, September 10, 2004, at 8:30 

a.m. (EDT). 
-6- 

Resampling of Industries 

 Effective with this release, the Producer Price Index (PPI) includes data for 2 resampled industries and 1 newly 

introduced industry 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 July 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 

515111 Radio networks 

524114 Direct health and medical insurance carriers* 

531210 Offices of real estate agents and managers 

* For further discussion of this newly introduced PPI, see "New Producer Price Index for the Direct Health and Medical 

Insurance Carriers Industry, NAICS 524114" in the July 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 Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is 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); 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 Web site 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 also can 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 when 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 also are 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| |July 2004 from:| 

 | |_______________________|_______________|__________________________

 | Dec. | | | | | | | | 

 | |Mar. |June |July | July | June |Apr. to| May to |June to

 | 2003 1/|2004 2/|2004 2/|2004 2/| 2003 | 2004 | May | June | July 

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

 | 

Finished goods...................................| 100.000 146.3 148.7 148.7 4.0 0 0.8 -0.3 0.1 

 Finished consumer goods........................| 74.422 149.0 152.0 152.0 4.8 0 1.0 -.5 .1 

 Finished consumer foods......................| 21.487 150.7 154.5 152.1 5.0 -1.6 1.5 -.6 -1.6 

 Crude......................................| 1.731 145.8 116.3 114.4 -5.0 -1.6 .4 -10.9 .8 

 Processed..................................| 19.756 151.0 157.7 155.3 5.7 -1.5 1.6 .1 -1.8 

 Finished consumer goods, excluding foods.....| 52.934 148.0 150.7 151.7 4.8 .7 .8 -.4 .7 

 Nondurable goods less foods................| 36.883 152.4 156.3 157.9 5.8 1.0 .8 -.8 1.1 

 Durable goods..............................| 16.051 134.7 135.0 134.6 2.2 -.3 .7 .5 0 

 Capital equipment..............................| 25.578 140.5 141.3 141.2 1.7 -.1 .3 .2 .1 

 Manufacturing industries.....................| 7.016 141.3 142.5 142.6 2.1 .1 .3 .4 .1 

 Nonmanufacturing industries..................| 18.562 140.2 140.8 140.6 1.5 -.1 .2 .2 0 

 | 

Intermediate materials, supplies, and components.| 100.000 138.3 142.7 143.8 7.6 .8 1.1 .5 .8 

 Materials and components for manufacturing.....| 46.892 134.3 138.0 138.6 7.3 .4 1.0 .5 .4 

 Materials for food manufacturing.............| 2.948 141.7 151.9 147.9 11.0 -2.6 3.6 -.1 -3.0 

 Materials for nondurable manufacturing.......| 14.491 141.4 145.7 147.1 7.9 1.0 1.0 .7 1.0 

 Materials for durable manufacturing..........| 9.515 140.7 147.9 149.4 17.5 1.0 2.0 1.1 1.0 

 Components for manufacturing.................| 19.939 126.5 127.6 127.8 1.6 .2 .3 .2 .2 

 Materials and components for construction......| 12.827 161.9 167.3 167.8 9.2 .3 1.5 .7 .2 

 Processed fuels and lubricants.................| 16.978 116.5 123.7 126.5 11.3 2.3 1.7 .7 2.4 

 Manufacturing industries ....................| 6.840 119.0 125.8 127.1 7.1 1.0 .8 2.6 1.1 

 Nonmanufacturing industries..................| 10.138 115.1 122.4 126.2 14.1 3.1 2.1 -.3 3.2 

 Containers.....................................| 3.164 154.1 158.0 159.5 3.7 .9 1.6 .8 .9 

 Supplies.......................................| 20.138 144.8 147.3 148.1 4.7 .5 .5 .1 .5 

 Manufacturing industries.....................| 4.389 147.5 148.9 149.4 1.8 .3 .2 .5 .3 

 Nonmanufacturing industries..................| 15.750 142.9 145.7 146.5 5.5 .5 .6 -.1 .5 

 Feeds......................................| 1.238 125.4 127.8 131.5 26.0 2.9 1.8 -6.8 2.7 

 Other supplies.............................| 14.512 145.6 148.3 148.9 4.0 .4 .5 .5 .4 

 | 

Crude materials for further processing...........| 100.000 152.9 162.3 162.0 22.2 -.2 2.8 1.6 -.2 

 Foodstuffs and feedstuffs......................| 39.856 131.7 137.4 131.0 21.7 -4.7 3.2 -3.6 -4.8 

 Nonfood materials..............................| 60.144 164.8 176.6 181.3 22.3 2.7 2.6 5.1 2.7 

 Nonfood materials except fuel 3/.............| 33.348 143.8 137.1 146.7 27.6 7.0 .4 -2.5 7.1 

 Manufacturing 3/...........................| 32.735 132.6 126.3 135.3 28.0 7.1 .4 -2.6 7.2 

 Construction...............................| 0.613 189.3 192.6 194.2 8.9 .8 -.2 1.4 .9 

 Crude fuel 4/................................| 26.796 182.9 225.8 221.5 17.1 -1.9 5.5 14.6 -1.9 

 Manufacturing industries...................| 2.406 174.2 213.9 209.8 16.9 -1.9 5.3 14.1 -1.9 

 Nonmanufacturing industries................| 24.390 187.0 231.0 226.6 17.1 -1.9 5.5 14.6 -1.9 

 | 

 Special groupings | 

 | 

Finished goods, excluding foods..................|5/ 78.513 144.9 147.0 147.6 3.8 .4 .6 -.2 .5 

Intermediate materials less foods and feeds......|6/ 95.814 138.4 142.8 144.0 7.3 .8 1.0 .6 .9 

Intermediate foods and feeds.....................|6/ 4.186 137.0 144.6 143.2 15.1 -1.0 3.0 -2.2 -1.4 

Crude materials less agricultural products 3/ 7/.|8/ 58.184 167.3 181.0 186.2 23.9 2.9 2.4 5.4 2.9 

 | 

Finished energy goods............................|5/ 15.868 107.0 112.8 115.1 11.3 2.0 1.6 -1.6 2.3 

Finished goods less energy.......................|5/ 84.132 151.3 152.7 152.1 2.6 -.4 .7 0 -.4 

Finished consumer goods less energy..............|5/ 58.554 156.1 157.8 156.8 3.0 -.6 .8 -.2 -.5 

 | 

Finished goods less foods and energy.............|5/ 62.645 152.0 152.5 152.4 1.7 -.1 .3 .2 .1 

Finished consumer goods less foods and energy....|5/ 37.066 159.7 160.1 160.0 1.8 -.1 .4 .1 .1 

Consumer nondurable goods less foods and energy..|5/ 21.015 179.8 180.3 180.5 1.5 .1 .2 -.2 .2 

 | 

Intermediate energy goods........................|6/ 17.379 115.6 122.7 125.4 11.0 2.2 1.8 .7 2.3 

Intermediate materials less energy...............|6/ 82.621 142.4 146.1 146.8 6.8 .5 1.0 .5 .4 

Intermediate materials less foods and energy.....|6/ 78.435 142.9 146.4 147.1 6.4 .5 .9 .5 .5 

 | 

Crude energy materials 3/........................|8/ 39.753 153.0 178.0 178.3 19.9 .2 5.8 7.7 .2 

Crude materials less energy......................|8/ 60.248 148.0 147.1 146.5 24.2 -.4 .8 -2.6 -.5 

Crude nonfood materials less energy 4/...........|8/ 20.391 195.2 176.7 191.6 28.8 8.4 -3.8 -.5 8.6 

 | 

_______________________________________________________________________________________________________________________________

 

 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 March 2004 have been recalculated to incorporate 7/ Formerly titled "Crude materials for 

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

 are 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 | | |July 2004 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Mar. |June |July | July | June |Apr. to| May to|June to 

 | |2004 1/|2004 1/|2004 1/| 2003 | 2004 | May | June | July 

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

 | | 

 |FINISHED GOODS.........................................| 146.3 148.7 148.7 4.0 0 0.8 -0.3 0.1 

 | FINISHED CONSUMER GOODS...............................| 149.0 152.0 152.0 4.8 0 1.0 -.5 .1 

 | FINISHED CONSUMER FOODS..............................| 150.7 154.5 152.1 5.0 -1.6 1.5 -.6 -1.6 

 | | 

01-11 | Fresh fruits and melons 2/..........................| 96.5 95.7 95.5 19.7 -.2 17.9 -8.1 -.2 

01-13 | Fresh and dry vegetables 2/.........................| 129.9 91.3 88.7 -26.6 -2.8 -1.6 -24.0 -2.8 

01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 150.8 94.6 82.8 -15.4 -12.5 -1.6 -8.6 -7.9 

02-11 | Bakery products 2/..................................| 194.6 195.6 195.5 .3 -.1 .3 -.1 -.1 

02-13 | Milled rice 2/......................................| 134.8 147.7 147.1 45.2 -.4 7.0 1.0 -.4 

02-14-02 | Pasta products (June 1985=100) 2/...................| 126.8 126.1 126.4 -.2 .2 0 0 .2 

02-21-01 | Beef and veal 2/....................................| 135.5 155.4 142.5 8.9 -8.3 5.4 2.0 -8.3 

02-21-04 | Pork................................................| 122.8 135.6 139.0 14.2 2.5 3.2 .9 .6 

02-22-03 | Processed young chickens............................| 144.8 151.3 149.1 23.5 -1.5 2.9 -1.4 -1.1 

02-22-06 | Processed turkeys...................................| 103.4 110.5 107.8 19.4 -2.4 4.8 -.7 -2.8 

02-23 | Finfish and shellfish...............................| 215.8 183.8 196.5 1.9 6.9 -1.5 -5.5 6.9 

02-3 | Dairy products......................................| 148.8 169.8 159.7 14.6 -5.9 6.0 -3.3 -6.2 

02-4 | Processed fruits and vegetables 2/..................| 134.2 134.3 134.4 .4 .1 .1 .4 .1 

02-55 | Confectionery end products 2/.......................| 186.6 187.2 187.4 1.8 .1 .2 -.1 .1 

02-62 | Soft drinks 2/......................................| 153.2 159.1 157.1 2.9 -1.3 -1.3 2.5 -1.3 

02-63-01 | Roasted coffee 2/...................................| 128.0 131.3 129.2 1.3 -1.6 .9 -.3 -1.6 

02-78 | Shortening and cooking oils 2/......................| 194.2 200.2 196.3 23.7 -1.9 .2 -.8 -1.9 

 | | 

 | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 148.0 150.7 151.7 4.8 .7 .8 -.4 .7 

 | | 

02-61 | Alcoholic beverages.................................| 154.9 151.3 151.4 1.4 .1 .1 -2.6 .1 

03-81-06 | Women's, girls', & infants' apparel (12/03=100) 2/..| 99.9 99.9 99.5 (3) -.4 .1 -.4 -.4 

03-81-07 | Men's and boys' apparel (Dec. 2003=100) 2/..........| 100.1 99.2 99.5 (3) .3 .1 -1.0 .3 

03-82 | Textile housefurnishings 2/.........................| 123.4 123.1 123.3 .7 .2 0 0 .2 

04-3 | Footwear 2/.........................................| 146.3 145.6 146.2 -1.2 .4 0 -.1 .4 

05-41 | Residential electric power (Dec. 1990=100)..........| 119.1 122.6 123.3 .2 .6 0 -2.9 .2 

05-51 | Residential gas (Dec. 1990=100).....................| 174.8 183.7 184.8 6.9 .6 .1 3.1 1.2 

05-71 | Gasoline............................................| 117.0 129.1 135.2 33.3 4.7 5.7 -5.2 5.4 

05-73-02-01| Home heating oil and distillates....................| 106.3 108.5 115.0 31.7 6.0 -1.7 3.7 5.9 

06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 110.4 112.5 112.6 4.6 .1 .3 .4 .1 

06-71 | Soaps and synthetic detergents 2/...................| 132.4 132.4 132.5 1.8 .1 -.2 0 .1 

06-75 | Cosmetics and other toilet preparations 2/..........| 140.8 140.8 141.4 .7 .4 0 0 .4 

07-12 | Tires, tubes, tread, etc 2/.........................| 101.9 104.6 103.7 5.8 -.9 -.1 1.9 -.9 

09-15-01 | Sanitary paper products 2/..........................| 146.9 148.0 149.1 -.7 .7 1.0 .1 .7 

09-31-01 | Newspaper circulation 2/............................| 232.8 232.8 232.8 1.3 0 0 0 0 

09-32-01 | Periodical circulation..............................| 223.6 222.9 223.1 1.4 .1 -.1 0 .6 

09-33 | Book publishing.....................................| 250.2 250.8 252.5 3.6 .7 .1 .3 .7 

12-1 | Household furniture.................................| 158.9 160.8 160.6 1.3 -.1 .4 .6 -.1 

12-3 | Floor coverings 2/..................................| 130.3 137.0 137.4 1.9 .3 1.1 1.6 .3 

12-4 | Household appliances 2/.............................| 101.5 101.2 101.6 -.6 .4 .2 -.5 .4 

12-5 | Home electronic equipment 2/........................| 66.7 65.4 64.2 -4.9 -1.8 0 -.2 -1.8 

12-62 | Household glassware.................................| 171.0 169.5 171.4 1.4 1.1 .3 -1.2 1.2 

12-64 | Household flatware 2/...............................| 145.4 (3) 145.4 .1 (3) 0 (3) (3) 

12-66 | Lawn and garden equip., ex. tractors 2/.............| 134.3 134.2 134.3 0 .1 -.4 .5 .1 

14-11-01 | Passenger cars......................................| 131.8 132.4 130.8 3.2 -1.2 1.1 1.1 -.4 

15-11 | Toys, games, and children's vehicles 2/.............| 124.6 124.7 124.5 -.5 -.2 0 0 -.2 

15-12 | Sporting and athletic goods 2/......................| 123.4 122.8 123.0 -.4 .2 -.2 -.3 .2 

15-2 | Tobacco products 2/.................................| 432.8 433.3 434.0 1.0 .2 -.5 .3 .2 

15-5 | Mobile homes .......................................| (3) (3) 188.1 11.2 (3) (3) (3) (3) 

15-94-02 | Jewelry, platinum, & karat gold 2/..................| 134.7 135.0 135.3 2.7 .2 -1.0 .7 .2 

15-94-04 | Costume jewelry and novelties 2/....................| 147.5 147.5 147.8 2.1 .2 0 1.4 .2 

 | | 

 | CAPITAL EQUIPMENT.....................................| 140.5 141.3 141.2 1.7 -.1 .3 .2 .1 

 | | 

11-1 | Agricultural machinery and equipment 2/.............| 164.3 166.1 166.2 3.5 .1 .1 .4 .1 

11-2 | Construction machinery and equipment 2/.............| 155.7 157.0 158.8 3.6 1.1 -.1 0 1.1 

11-37 | Metal cutting machine tools 2/......................| 150.6 151.2 151.4 .5 .1 0 .3 .1 

11-38 | Metal forming machine tools 2/......................| 170.7 172.3 172.4 2.8 .1 .4 .5 .1 

11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 139.2 139.1 139.1 -.1 0 -.1 .1 0 

11-41 | Pumps, compressors, and equipment...................| 164.9 166.9 167.5 2.6 .4 .9 .5 .1 

11-44 | Industrial material handling equipment 2/...........| 140.8 143.9 144.4 4.6 .3 1.0 .4 .3 

11-51 | Electronic computers (Dec. 1998=100) 2/.............| 31.1 30.3 30.1 -10.9 -.7 -.3 -1.3 -.7 

11-62 | Textile machinery 2/................................| 158.0 157.9 157.9 .3 0 -.1 .1 0 

11-64 | Paper industries machinery (June 1982=100) 2/.......| 172.8 174.0 174.0 2.2 0 .2 .1 0 

11-65 | Printing trades machinery 2/........................| 143.1 143.3 143.7 .6 .3 .1 -.1 .3 

11-74 | Transformers and power regulators 2/................| 131.5 135.0 135.6 2.5 .4 1.6 -.7 .4 

11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 103.4 103.4 102.7 -2.0 -.7 .2 -1.3 -.7 

11-79-05 | X-ray and electromedical equipment 2/...............| 98.6 97.8 97.4 -3.8 -.4 .6 -.9 -.4 

11-91 | Oil field and gas field machinery ..................| 142.0 143.7 143.4 2.4 -.2 .6 .1 -.1 

11-92 | Mining machinery and equipment 2/...................| 158.8 163.4 164.3 6.0 .6 .9 .2 .6 

11-93 | Office and store machines and equipment 2/..........| 112.4 113.0 113.5 -.4 .4 0 .3 .4 

12-2 | Commercial furniture 2/.............................| 164.0 166.3 165.2 1.7 -.7 .2 1.4 -.7 

14-11-05 | Light motor trucks..................................| 152.6 150.6 149.7 3.2 -.6 1.1 .9 0 

14-11-06 | Heavy motor trucks 2/...............................| 154.4 155.3 155.1 .8 -.1 -2.0 .4 -.1 

14-14 | Truck trailers 2/...................................| 144.5 148.5 148.6 6.4 .1 .5 .4 .1 

14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 185.5 188.2 191.3 5.5 1.6 -.1 1.6 1.4 

14-31 | Ships (Dec. 1985=100) 2/............................| 169.7 170.8 171.2 8.2 .2 0 -.2 .2 

14-4 | Railroad equipment 2/...............................| 142.2 142.8 144.2 5.5 1.0 .2 .4 1.0 

 | | 

 |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 138.3 142.7 143.8 7.6 .8 1.1 .5 .8 

 | | 

 | INTERMEDIATE FOODS AND FEEDS..........................| 137.0 144.6 143.2 15.1 -1.0 3.0 -2.2 -1.4 

 | | 

02-12-03 | Flour 2/............................................| 126.9 130.3 129.0 5.7 -1.0 -2.2 5.5 -1.0 

02-53 | Refined sugar and byproducts 2/.....................| 120.2 120.1 120.9 -1.5 .7 -.2 .3 .7 

02-54 | Confectionery materials 2/..........................| 125.3 125.1 126.9 1.9 1.4 .6 -.1 1.4 

02-72 | Crude vegetable oils 2/.............................| (3) (3) (3) (3) (3) (3) (3) (3) 

02-9 | Prepared animal feeds 2/............................| 129.4 132.6 135.6 22.3 2.3 2.3 -5.7 2.3 

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 138.4 142.8 144.0 7.3 .8 1.0 .6 .9 

 | | 

03-1 | Synthetic fibers 2/.................................| 105.9 106.0 106.8 .4 .8 .6 -.3 .8 

03-2 | Processed yarns and threads 2/......................| 107.5 108.3 109.5 5.7 1.1 .1 .5 1.1 

03-3 | Gray fabrics 2/.....................................| 111.6 114.6 114.9 4.3 .3 .8 1.8 .3 

03-4 | Finished fabrics 2/.................................| 119.9 120.6 120.9 -.1 .2 .1 .1 .2 

03-83-03 | Industrial textile products 2/......................| 131.3 132.0 132.0 1.0 0 0 .4 0 

04-2 | Leather 2/..........................................| 222.5 220.1 220.7 3.6 .3 .5 -1.1 .3 

05-32 | Liquefied petroleum gas 2/..........................| 159.5 178.5 190.4 34.7 6.7 10.2 0 6.7 

____________________________________________________________________________________________________________________________________ 

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 | | |July 2004 from:| 

 code | Grouping |_______________________|_______________|________________________ 

 | | | | | | | | | 

 | |Mar. |June |July | July | June |Apr. to| May to|June to 

 | |2004 1/|2004 1/|2004 1/| 2003 | 2004 | May | June | July 

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

 | | 

 | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | 

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

05-42 | Commercial electric power...........................| 138.2 146.9 146.8 -0.4 -0.1 0.1 -1.1 -0.8 

05-43 | Industrial electric power...........................| 143.1 149.4 149.6 -1.3 .1 -1.0 .1 -1.2 

05-52 | Commercial natural gas (Dec. 1990=100)..............| 184.6 196.4 197.7 12.6 .7 2.0 4.9 1.7 

05-53 | Industrial natural gas (Dec. 1990=100)..............| 190.9 204.1 206.7 13.0 1.3 2.0 6.7 2.7 

05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 163.3 177.2 180.9 22.1 2.1 .7 14.1 3.0 

05-72-03 | Jet fuels...........................................| 94.3 96.4 111.7 39.8 15.9 11.6 -9.8 16.0 

05-73-03 | No. 2 Diesel fuel...................................| 109.7 114.2 123.2 32.9 7.9 -3.1 -3.7 8.1 

05-74 | Residual fuels 2/...................................| 98.9 96.8 89.2 -22.9 -7.9 -1.6 5.7 -7.9 

06-1 | Industrial chemicals 2/.............................| 150.0 156.4 158.9 14.0 1.6 .7 1.4 1.6 

06-21 | Prepared paint......................................| 173.7 174.7 175.8 2.5 .6 .3 .1 .7 

06-22 | Paint materials 2/..................................| 177.9 177.9 179.4 3.0 .8 -.1 -.3 .8 

06-31 | Medicinal and botanical chemicals 2/................| 137.0 136.5 136.2 .6 -.2 .1 .3 -.2 

06-4 | Fats and oils, inedible.............................| 173.7 149.4 156.7 34.0 4.9 1.3 -17.9 4.4 

06-51 | Mixed fertilizers...................................| 126.8 126.4 126.4 5.8 0 -.6 -.6 .5 

06-52-01 | Nitrogenates........................................| 164.8 163.3 166.0 15.2 1.7 -1.1 4.5 4.2 

06-52-02 | Phosphates 2/.......................................| 123.3 119.3 116.7 7.9 -2.2 -1.0 -2.5 -2.2 

06-53 | Other agricultural chemicals 2/.....................| 149.6 149.8 149.7 .8 -.1 .1 .3 -.1 

06-6 | Plastic resins and materials 2/.....................| 151.4 159.6 160.8 11.0 .8 1.7 1.7 .8 

07-11-02 | Synthetic rubber 2/.................................| 127.9 131.0 131.3 4.3 .2 1.9 .7 .2 

07-21 | Plastic construction products ......................| 140.2 144.8 145.4 4.8 .4 1.1 0 .4 

07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 145.3 147.5 148.0 3.7 .3 .5 1.8 .3 

07-26 | Plastic parts and components for manufacturing 2/...| 116.2 116.5 116.2 .4 -.3 0 -.3 -.3 

08-11 | Softwood lumber 2/..................................| 204.7 220.2 216.1 26.5 -1.9 5.5 -2.9 -1.9 

08-12 | Hardwood lumber 2/..................................| 197.7 200.0 199.9 4.3 -.1 .4 .3 -.1 

08-2 | Millwork............................................| 187.1 193.7 194.4 6.8 .4 1.1 .8 .2 

08-3 | Plywood 2/..........................................| 218.5 200.8 178.6 10.0 -11.1 1.2 -10.5 -11.1 

09-11 | Woodpulp 2/.........................................| 125.8 132.5 135.8 9.1 2.5 2.2 3.2 2.5 

09-13 | Paper 2/............................................| 145.7 148.3 148.1 1.0 -.1 .4 .5 -.1 

09-14 | Paperboard 2/.......................................| 157.5 171.3 180.7 11.2 5.5 2.5 3.0 5.5 

09-15-03 | Paper boxes and containers 2/.......................| 171.2 175.0 176.8 2.3 1.0 1.6 .7 1.0 

09-2 | Building paper and board 2/.........................| 212.3 202.5 179.0 8.7 -11.6 1.0 -8.6 -11.6 

09-37 | Commercial printing (June 1982=100) 2/..............| 159.0 159.1 159.6 .8 .3 -.2 -.1 .3 

10-15 | Foundry and forge shop products.....................| 139.2 143.2 143.5 4.4 .2 .1 .6 .2 

10-17 | Steel mill products.................................| 129.6 152.4 155.9 43.8 2.3 5.4 6.2 1.9 

10-22 | Primary nonferrous metals 2/........................| 132.4 128.6 135.7 33.4 5.5 -3.3 -.9 5.5 

10-25-01 | Aluminum mill shapes 2/.............................| 145.5 153.8 154.4 7.5 .4 3.7 1.3 .4 

10-25-02 | Copper and brass mill shapes 2/.....................| 200.9 199.1 202.6 34.2 1.8 -2.7 -1.0 1.8 

10-26 | Nonferrous wire and cable 2/........................| 152.3 151.9 151.8 12.9 -.1 -1.7 .3 -.1 

10-3 | Metal containers 2/.................................| 111.8 117.0 116.5 6.8 -.4 2.4 1.0 -.4 

10-4 | Hardware 2/.........................................| 159.8 160.7 161.9 3.2 .7 .2 .1 .7 

10-5 | Plumbing fixtures and brass fittings................| 185.3 187.7 189.0 3.0 .7 .4 .7 .8 

10-6 | Heating equipment 2/................................| 166.9 169.2 169.9 4.0 .4 1.6 .1 .4 

10-7 | Fabricated structural metal products 2/.............| 155.9 164.8 166.7 14.6 1.2 2.5 1.4 1.2 

10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 140.4 151.8 157.1 19.8 3.5 2.8 2.2 3.5 

10-89 | Other misc. metal products 2/.......................| 129.6 132.6 132.7 4.1 .1 1.0 1.3 .1 

11-45 | Mechanical power transmission equipment.............| 175.6 179.6 181.1 6.1 .8 1.3 1.0 1.1 

11-48 | Air conditioning and refrigeration equipment 2/.....| 137.8 138.7 138.6 1.2 -.1 .7 -.1 -.1 

11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100)........| 172.2 176.9 177.7 4.7 .5 1.0 .4 .6 

11-49-05 | Ball and roller bearings 2/.........................| 175.9 179.1 178.9 4.4 -.1 .5 1.2 -.1 

11-71 | Wiring devices 2/...................................| 161.8 173.3 173.1 13.3 -.1 3.2 0 -.1 

11-73 | Motors, generators, motor generator sets............| 148.1 150.8 151.2 2.6 .3 .1 1.2 .2 

11-75 | Switchgear, switchboard, etc., equipment............| 162.0 163.6 164.5 3.1 .6 .4 .4 1.0 

11-78 | Electronic components and accessories 2/............| 89.2 89.6 89.7 -1.3 .1 -.4 -.3 .1 

11-94 | Internal combustion engines 2/......................| 145.7 145.8 145.9 1.0 .1 .1 0 .1 

11-95 | Machine shop products 2/............................| 143.0 143.8 144.9 3.1 .8 .6 .3 .8 

13-11 | Flat glass 2/.......................................| 109.8 108.0 108.4 -2.5 .4 -.9 -.3 .4 

13-22 | Cement..............................................| 151.9 155.4 155.8 2.2 .3 1.0 -.1 .2 

13-3 | Concrete products...................................| 157.6 159.5 160.2 4.6 .4 .3 .8 .4 

13-6 | Asphalt felts and coatings..........................| 114.1 116.6 118.1 -.7 1.3 1.7 -1.9 1.4 

13-7 | Gypsum products 2/..................................| 183.7 199.2 205.0 20.0 2.9 2.6 4.3 2.9 

13-8 | Glass containers 2/.................................| 143.4 144.0 144.3 2.5 .2 .3 -.1 .2 

14-12 | Motor vehicle parts 2/..............................| 111.5 112.0 112.0 .2 0 .9 -.1 0 

14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 161.4 161.5 161.7 5.1 .1 .2 .1 .3 

14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 152.0 150.4 150.4 -.1 0 -.1 -.3 0 

15-42 | Photographic supplies 2/............................| 116.9 115.3 115.3 -.9 0 0 -1.4 0 

15-6 | Medical/surgical/personal aid devices 2/............| 157.4 157.8 158.1 2.3 .2 -.1 -.1 .2 

 | | 

 | CRUDE MATERIALS FOR FURTHER PROCESSING................| 152.9 162.3 162.0 22.2 -.2 2.8 1.6 -.2 

 | | 

 | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 131.7 137.4 131.0 21.7 -4.7 3.2 -3.6 -4.8 

 | | 

01-21 | Wheat 2/............................................| 105.5 106.3 103.8 17.8 -2.4 .4 -4.1 -2.4 

01-22-02 | Corn 2/.............................................| 116.1 110.4 97.6 13.4 -11.6 -4.0 -5.4 -11.6 

01-31 | Slaughter cattle 2/.................................| 130.1 131.2 126.8 14.4 -3.4 .5 .2 -3.4 

01-32 | Slaughter hogs......................................| 79.9 97.5 97.9 30.9 .4 12.5 -4.7 4.6 

01-41-02 | Slaughter broilers/fryers...........................| 194.3 218.9 211.1 35.8 -3.6 -.5 4.1 -5.3 

01-42 | Slaughter turkeys...................................| 104.9 122.5 126.1 31.8 2.9 3.5 2.6 3.3 

01-6 | Fluid milk..........................................| 115.4 137.7 121.1 34.7 -12.1 12.1 -10.1 -13.5 

01-83-01-31| Soybeans 2/.........................................| 162.6 154.4 153.7 50.7 -.5 7.5 -13.5 -.5 

02-52-01-03| Cane sugar, raw (Dec. 2003=100) 2/..................| 101.1 96.8 99.5 (3) 2.8 .2 -3.7 2.8 

 

 | | 

 | CRUDE NONFOOD MATERIALS..............................| 164.8 176.6 181.3 22.3 2.7 2.6 5.1 2.7 

 | | 

01-51 | Raw cotton 2/.......................................| 97.9 87.9 74.3 -19.3 -15.5 15.0 -13.6 -15.5 

01-92 | Leaf tobacco 2/.....................................| 103.5 (3) (3) (3) (3) (3) (3) (3) 

04-1 | Hides and skins (June 2001=100) 2/..................| 188.5 179.9 189.7 8.5 5.4 .8 .2 5.4 

05-1 | Coal 2/.............................................| 107.3 109.7 108.7 9.8 -.9 .4 .1 -.9 

05-31 | Natural gas 2/......................................| 208.1 265.0 259.6 18.3 -2.0 6.4 17.0 -2.0 

05-61 | Crude petroleum 2/..................................| 96.6 99.5 104.8 27.2 5.3 6.7 -5.5 5.3 

08-5 | Logs, timber, etc...................................| 191.0 194.9 196.0 9.9 .6 -.4 2.5 1.1 

09-12 | Wastepaper 2/.......................................| 228.1 232.4 234.2 19.8 .8 .4 .5 .8 

10-11 | Iron ore 2/.........................................| 96.9 100.0 98.3 1.9 -1.7 3.2 0 -1.7 

10-12 | Iron and steel scrap................................| 337.8 253.1 334.5 99.2 32.2 -15.7 .6 32.2 

10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 104.9 106.6 111.8 45.2 4.9 -1.9 .8 4.9 

10-23-01 | Copper base scrap 2/................................| 195.2 177.5 183.3 47.2 3.3 -5.2 -5.5 3.3 

10-23-02 | Aluminum base scrap.................................| 199.2 186.0 190.5 15.0 2.4 -6.3 -.6 3.7 

13-21 | Construction sand, gravel, and crushed stone........| 181.0 182.7 184.1 3.8 .8 .6 .2 .8 

____________________________________________________________________________________________________________________________________ 

 

1/ The indexes for March 2004 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 |March 2004 | June 2004 | July 2004 | 

_________|________________________________________________|___________|___________|___________| 

 | | | | | 

 | Finished Goods (1967=100)......................| 410.5 | 417.3 | 417.3 | 

 | All commodities................................| 143.1 | 147.1 | 147.6 | 

 | | | | | 

 | | | | | 

 | MAJOR COMMODITY GROUPS | | | | 

 | | | | | 

 | Farm products and processed foods and feeds....| 142.8 | 146.9 | 143.5 | 

01 | Farm products................................| 129.1 | 129.3 | 123.2 | 

02 | Processed foods and feeds....................| 149.4 | 155.5 | 153.5 | 

 | | | | | 

 | Industrial commodities.........................| 143.3 | 147.2 | 148.4 | 

03 | Textile products and apparel.................| 120.2 | 120.7 | 120.9 | 

04 | Hides, skins, leather, and related products..| 164.8 | 162.7 | 164.6 | 

05 | Fuels and related products and power.........| 117.5 | 127.1 | 129.4 | 

06 | Chemicals and allied products 2/.............| 168.0 | 171.4 | 172.8 | 

07 | Rubber and plastic products..................| 131.6 | 133.2 | 133.6 | 

08 | Lumber and wood products.....................| 194.1 | 199.1 | 196.5 | 

09 | Pulp, paper, and allied products.............| 192.9 | 195.2 | 196.2 | 

10 | Metals and metal products....................| 143.9 | 148.7 | 152.5 | 

11 | Machinery and equipment......................| 121.6 | 122.4 | 122.4 | 

12 | Furniture and household durables.............| 133.7 | 135.3 | 135.0 | 

13 | Nonmetallic mineral products.................| 150.5 | 152.4 | 153.4 | 

14 | Transportation equipment.....................| 148.0 | 148.2 | 148.1 | 

15 | Miscellaneous products.......................| 181.8 | 182.3 | 183.0 | 

 | | | | | 

 | Industrial commodities less fuels and related | | | | 

 | products and power...........................| 149.1 | 151.0 | 151.8 | 

 | | | | | 

 | | | | | 

 | OTHER COMMODITY GROUPINGS | | | | 

 | | | | | 

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

 | and tree nuts................................| 118.3 | 101.6 | 100.4 | 

01-2 | Grains.........................................| 112.6 | 108.4 | 99.0 | 

01-3 | Slaughter livestock............................| 117.3 | 123.1 | 119.9 | 

01-4 | Slaughter poultry..............................| 173.8 | 196.5 | 191.2 | 

01-5 | Plant and animal fibers........................| 99.0 | 88.9 | 75.4 | 

01-7 | Chicken eggs...................................| 199.4 | 116.0 | 100.9 | 

01-8 | Hay, hayseeds, and oilseeds....................| 177.5 | 174.6 | 172.7 | 

01-83 | Oilseeds.......................................| 173.5 | 165.5 | 164.4 | 

01-9 | Other farm products............................| 154.3 | 'N.A.' | 'N.A.' | 

02-1 | Cereal and bakery products.....................| 173.2 | 174.9 | 174.4 | 

02-2 | Meats, poultry, and fish.......................| 136.6 | 146.4 | 142.8 | 

02-22 | Processed poultry..............................| 132.5 | 137.6 | 136.2 | 

02-5 | Sugar and confectionery........................| 149.7 | 149.7 | 150.5 | 

02-6 | Beverages and beverage materials...............| 152.7 | 154.3 | 153.2 | 

02-63 | Packaged beverage materials....................| 129.7 | 132.6 | 130.8 | 

02-7 | Fats and oils..................................| 186.5 | 188.2 | 191.3 | 

03-81 | Apparel........................................| 125.4 | 125.1 | 124.8 | 

04-4 | Other leather and related products.............| 148.6 | 148.5 | 149.4 | 

05-3 | Gas fuels......................................| 194.0 | 242.8 | 240.5 | 

05-4 | Electric power.................................| 139.6 | 145.6 | 146.1 | 

05-7 | Refined petroleum products.....................| 108.0 | 115.6 | 122.0 | 

06-3 | Drugs and pharmaceuticals......................| 281.2 | 285.0 | 285.3 | 

06-5 | Agricultural chemicals and products............| 143.9 | 142.4 | 142.0 | 

06-7 | Other chemicals and allied products............| 142.9 | 142.8 | 143.6 | 

07-1 | Rubber and rubber products.....................| 121.6 | 123.6 | 123.4 | 

07-11 | Rubber, except natural rubber..................| 127.3 | 130.3 | 130.7 | 

07-13 | Miscellaneous rubber products..................| 141.4 | 142.2 | 142.8 | 

07-2 | Plastic products...............................| 139.7 | 141.1 | 141.7 | 

08-1 | Lumber.........................................| 199.7 | 210.8 | 208.1 | 

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

 | paper and board..............................| 157.0 | 161.4 | 163.4 | 

09-15 | Converted paper and paperboard products........| 164.0 | 166.8 | 168.0 | 

10-1 | Iron and steel.................................| 150.3 | 159.1 | 169.4 | 

10-2 | Nonferrous metals..............................| 142.5 | 143.6 | 146.3 | 

10-25 | Nonferrous mill shapes.........................| 146.2 | 153.3 | 154.1 | 

11-3 | Metalworking machinery and equipment...........| 151.0 | 152.1 | 152.6 | 

11-4 | General purpose machinery and equipment........| 157.6 | 160.2 | 160.5 | 

11-6 | Special industry machinery.....................| 169.1 | 170.4 | 170.8 | 

11-7 | Electrical machinery and equipment.............| 113.4 | 114.0 | 113.8 | 

11-9 | Miscellaneous machinery and equipment..........| 139.4 | 140.2 | 140.8 | 

12-6 | Other household durable goods..................| 159.2 | 159.6 | 160.0 | 

13-2 | Concrete ingredients...........................| 167.2 | 169.5 | 170.5 | 

14-1 | Motor vehicles and equipment...................| 130.9 | 131.0 | 130.4 | 

15-1 | Toys, sporting goods, small arms, etc..........| 132.4 | 132.0 | 132.2 | 

15-4 | Photographic equipment and supplies............| 103.8 | 102.6 | 102.7 | 

15-9 | Other miscellaneous products...................| 141.8 | 142.7 | 142.8 | 

__________________________________________________________|___________|___________|___________| 

 

1/ Data for March 2004 have been revised to reflect the availability of late reports and 

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

 publication. 

2/ Prices of some items in this grouping are lagged 1 month. 
Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally 

adjusted 

__________________________________________________________________________________________________________________ 

 | | | Index | Percent change 

 Industry | Industry 1/ |Index|_______________________|to_July_2004_from: 

 code | |base | | | | | 

 | | |Mar. |June |July | July | June 

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

__________________|______________________________________________|_____|_______|_______|_______|________|_________ 

 | | | 

 |Total mining industries...................... |12/84| 136.6 153.8 155.2 17.9 0.9 

 211 | Oil and gas extraction...................... |12/85| 165.4 195.3 196.9 22.5 .8 

 212 | Mining (except oil & gas)................... |12/03| 105.9 107.8 108.5 (3) .6 

 213 | Mining support activities................... |12/03| 100.8 102.2 103.5 (3) 1.3 

 | | | 

 |Total manufacturing industries............... |12/84| 140.3 143.0 143.4 5.1 .3 

 311 | Food mfg.................................... |12/84| 142.4 148.3 146.7 7.1 -1.1 

 312 | Beverage & tobacco mfg...................... |12/03| 100.7 101.3 100.9 (3) -.4 

 313 | Textile mills............................... |12/03| 100.2 101.4 101.6 (3) .2 

 314 | Textile product mills....................... |12/03| 99.1 101.6 101.9 (3) .3 

 315 | Apparel Manufacturing....................... |12/03| 99.8 99.8 99.6 (3) -.2 

 316 | Leather & allied product mfg................ |12/84| 143.8 143.1 143.6 .5 .3 

 321 | Wood products manufacturing................. |12/03| 105.9 108.4 106.7 (3) -1.6 

 322 | Paper manufacturing......................... |12/03| 99.5 102.1 103.4 (3) 1.3 

 323 | Printing and related support activities..... |12/03| 100.4 101.0 101.3 (3) .3 

 324 | Petroleum and coal products mfg............. |12/84| 134.3 143.9 152.0 28.5 5.6 

 325 | Chemical mfg................................ |12/84| 168.8 171.7 172.0 4.6 .2 

 326 | Plastics and rubber products mfg............ |12/84| 129.6 131.1 131.4 2.2 .2 

 327 | Nonmetallic mineral product mfg............. |12/84| 140.2 142.1 143.1 3.8 .7 

 331 | Primary metal mfg........................... |12/84| 132.3 145.1 147.6 25.4 1.7 

 332 | Fabricated metal product mfg................ |12/84| 137.5 142.0 142.6 7.3 .4 

 333 | Machinery mfg............................... |12/03| 100.9 101.7 102.1 (3) .4 

 334 | Computer & electronic product mfg........... |12/03| 99.3 99.3 99.0 (3) -.3 

 335 | Electrical equip, appliance & component mfg. |12/03| 101.8 103.6 103.7 (3) .1 

 336 | Transportation equipment mfg................ |12/03| 100.4 100.6 100.4 (3) -.2 

 337 | Furniture & related product mfg............. |12/84| 149.0 152.9 152.1 3.0 -.5 

 339 | Miscellaneous mfg........................... |12/03| 100.8 101.0 101.3 (3) .3 

 | | | 

 |Retail trade industries | | 

 441 | Motor vehicle and parts dealers............. |12/03| 103.2 104.3 104.0 (3) -.3 

 442 | Furniture and home furnishings stores....... |12/03| 101.8 102.8 102.5 (3) -.3 

 443 | Electronics and appliance stores............ |12/03| 99.9 98.9 99.9 (3) 1.0 

 444 | Bldg material and garden equip and supp | | 

 | dealers.................................... |12/03| 104.7 109.5 111.9 (3) 2.2 

 445 | Food and beverage stores.................... |12/99| 124.4 121.7 125.1 5.6 2.8 

 446 | Health and personal care stores............. |12/03| 96.9 97.5 99.5 (3) 2.1 

 447 | Gasoline stations........................... |06/01| 55.4 59.0 46.0 -.6 -22.0 

 448 | Clothing and clothing accessories stores.... |12/03| 99.5 97.9 99.0 (3) 1.1 

 451 | Sporting goods, hobby, book and music stores |12/03| 98.9 98.7 97.8 (3) -.9 

 452 | General merchandise stores.................. |12/03| 102.6 102.4 104.1 (3) 1.7 

 454 | Nonstore retailers.......................... |12/03| 113.2 106.8 106.1 (3) -.7 

 | | | 

 |Transportation and warehousing | | 

 481 | Air transportation.......................... |12/92| 162.0 163.1 163.4 .5 .2 

 482 | Rail transportation......................... |12/96| 111.5 112.7 113.3 3.8 .5 

 483 | Water transportation........................ |12/03| 99.4 100.3 100.4 (3) .1 

 484 | Truck transportation........................ |12/03| 101.3 102.7 103.2 (3) .5 

 486110 | Pipeline transportation of crude oil........ |06/86| 112.7 113.7 115.1 3.2 1.2 

 486910 | Pipeline transportation of refined petroleum | | 

 | products................................... |06/86| 114.8 114.5 116.8 3.5 2.0 

 488 | Transportation support activities........... |12/03| 100.5 101.0 101.2 (3) .2 

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

 492 | Couriers and messengers..................... |12/03| 105.5 105.6 106.2 (3) .6 

 | | | 

 |Utilities | | 

 221 | Utilities................................... |12/03| 101.2 106.7 107.1 (3) .4 

 | | | 

 |Health care and social assistance | | 

 6211 | Offices of physicians....................... |12/96| 114.3 114.4 114.5 1.8 .1 

 6215 | Medical and diagnostic laboratories......... |12/03| 99.8 100.2 100.0 (3) -.2 

 6216 | Home health care services................... |12/96| 119.6 119.7 119.9 3.3 .2 

 622 | Hospitals................................... |12/92| 140.3 140.8 142.3 5.2 1.1 

 6231 | Nursing care facilities..................... |12/03| 101.6 101.3 102.1 (3) .8 

 62321 | Residential mental retardation facilities... |12/03| 99.9 99.9 99.9 (3) 0 

__________________________________________________________________________________________________________________ 

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_July_2004_from: 

 code | |base | | | | | 

 | | |Mar. |June |July | July | June 

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

__________________|______________________________________________|_____|_______|_______|_______|________|_________ 

 | | | 

 |Other services industries | | 

 511 | Publishing industries, except Internet...... |12/03| 101.3 101.3 101.8 (3) .5 

 515 | Broadcasting, except Internet............... |12/03| 100.3 103.6 100.3 (3) -3.2 

 517 | Telecommunications.......................... |12/03| 100.2 100.0 99.7 (3) -.3 

 5182 | Data processing and related services........ |12/03| 98.4 99.3 99.0 (3) -.3 

 523 | Security, commodity contracts and like | | 

 | activity................................... |12/03| 101.7 102.9 102.5 (3) -.4 

 524 | Insurance carriers and related activities... |12/03| 101.1 101.6 102.1 (3) .5 

 53112 | Lessors of nonres bldg (exc miniwarehouse).. |12/03| 99.6 101.5 103.2 (3) 1.7 

 5312 | Offices of real estate agents and brokers... |12/03| 100.7 100.9 101.1 (3) .2 

 5321 | Automotive equipment rental and leasing..... |06/01| 107.4 105.2 109.7 2.7 4.3 

 5411 | Legal services.............................. |12/96| 131.7 131.8 132.0 5.3 .2 

 541211 | Offices of certified public accountants..... |12/03| 100.8 101.1 101.3 (3) .2 

 5413 | Architectural, engineering and related | | 

 | services................................... |12/96| 126.5 126.4 126.9 2.2 .4 

 54181 | Advertising agencies........................ |12/03| 99.8 100.1 100.3 (3) .2 

 5613 | Employment services......................... |12/96| 113.2 114.1 114.8 3.1 .6 

 56151 | Travel agencies............................. |12/03| 98.7 96.9 96.1 (3) -.8 

 56172 | Janitorial services......................... |12/03| 100.4 101.1 100.8 (3) -.3 

 5621 | Waste collection............................ |12/03| 100.8 101.8 101.3 (3) -.5 

 721 | Accommodation |12/96| 124.9 124.0 128.6 4.3 3.7 

__________________________________________________________________________________________________________________ 

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 March 2004 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 system beginning with the release of PPI data for January 2004. 
Table 5. Producer price indexes by stage of processing, seasonally adjusted 

(1982=100) 

_____________________________________________________________________________________________________________ 

 | 

 | Index 1/ 

 |_____________________________________________________ 

 Grouping | | | | | | 

 | Feb. | Mar. | Apr. | May | June | July 

 | 2004 | 2004 | 2004 | 2004 | 2004 | 2004 

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

 | 

 Finished goods...................................| 145.8 146.7 147.6 148.8 148.4 148.5 

 Finished consumer goods........................| 148.6 149.6 150.7 152.2 151.4 151.6 

 Finished consumer foods......................| 149.0 151.2 152.9 155.2 154.3 151.8 

 Crude......................................| 135.3 146.6 131.1 131.6 117.3 118.2 

 Processed..................................| 150.1 151.5 154.7 157.2 157.4 154.6 

 Finished consumer goods, excluding foods.....| 148.1 148.6 149.4 150.6 150.0 151.1 

 Nondurable goods less foods................| 153.1 153.5 154.8 156.1 154.8 156.5 

 Durable goods..............................| 133.7 134.5 134.2 135.1 135.8 135.8 

 Capital equipment..............................| 139.9 140.4 140.9 141.3 141.6 141.7 

 Manufacturing industries.....................| 140.7 141.3 141.7 142.1 142.6 142.8 

 Nonmanufacturing industries..................| 139.5 140.0 140.6 140.9 141.2 141.2 

 | 

 Intermediate materials, supplies, and components.| 137.4 138.5 140.1 141.7 142.4 143.5 

 Materials and components for manufacturing.....| 133.2 134.3 135.9 137.3 138.0 138.6 

 Materials for food manufacturing.............| 140.2 142.4 146.7 152.0 151.8 147.2 

 Materials for nondurable manufacturing.......| 140.9 141.3 143.2 144.6 145.6 147.1 

 Materials for durable manufacturing..........| 137.4 140.8 143.4 146.2 147.8 149.3 

 Components for manufacturing.................| 126.2 126.5 127.0 127.4 127.6 127.8 

 Materials and components for construction......| 159.2 162.0 163.5 165.9 167.1 167.5 

 Processed fuels and lubricants.................| 117.0 117.6 119.4 121.4 122.3 125.2 

 Manufacturing industries ....................| 119.1 119.2 120.6 121.6 124.8 126.2 

 Nonmanufacturing industries..................| 115.7 116.5 118.7 121.2 120.8 124.7 

 Containers.....................................| 153.7 154.1 154.3 156.8 158.0 159.5 

 Supplies.......................................| 143.8 144.8 146.4 147.2 147.3 148.0 

 Manufacturing industries.....................| 147.2 147.5 147.7 148.0 148.8 149.3 

 Nonmanufacturing industries..................| 141.8 142.9 144.9 145.8 145.7 146.5 

 Feeds......................................| 120.1 125.3 135.3 137.7 128.3 131.7 

 Other supplies.............................| 144.8 145.5 146.7 147.5 148.3 148.9 

 | 

 Crude materials for further processing...........| 150.7 153.1 154.4 158.7 161.3 161.0 

 Foodstuffs and feedstuffs......................| 123.8 132.3 136.2 140.5 135.4 128.9 

 Nonfood materials..............................| 167.1 164.6 163.7 167.9 176.5 181.3 

 Nonfood materials except fuel 2/.............| 137.4 143.5 139.9 140.4 136.9 146.6 

 Manufacturing 2/...........................| 126.7 132.4 129.0 129.5 126.1 135.2 

 Construction...............................| 187.2 189.3 190.4 190.1 192.7 194.5 

 Crude fuel 3/................................| 200.2 182.9 186.8 197.1 225.8 221.5 

 Manufacturing industries...................| 190.2 174.2 177.9 187.4 213.9 209.8 

 Nonmanufacturing industries................| 204.7 187.0 191.0 201.5 231.0 226.6 

 | 

 Special groupings | 

 | 

 Finished goods, excluding foods..................| 144.8 145.3 146.0 146.9 146.6 147.4 

 Intermediate materials less foods and feeds......| 137.6 138.6 140.1 141.5 142.4 143.7 

 Intermediate foods and feeds.....................| 134.2 137.5 143.7 148.0 144.8 142.8 

 Crude materials less agricultural products 2/....| 169.6 167.1 167.5 171.6 180.9 186.2 

 | 

 Finished energy goods............................| 108.2 108.8 110.5 112.3 110.5 113.0 

 Finished goods less energy.......................| 150.5 151.4 152.0 153.0 153.0 152.4 

 Finished consumer goods less energy..............| 155.1 156.2 156.9 158.2 157.9 157.1 

 | 

 Finished goods less foods and energy.............| 151.4 151.8 152.1 152.6 152.9 153.0 

 Finished consumer goods less foods and energy....| 159.1 159.6 159.6 160.3 160.5 160.6 

 Consumer nondurable goods less foods and energy..| 179.8 179.8 180.2 180.6 180.3 180.6 

 | 

 Intermediate energy goods........................| 116.0 116.5 118.3 120.4 121.3 124.1 

 Intermediate materials less energy...............| 141.2 142.4 144.0 145.4 146.1 146.7 

 Intermediate materials less foods and energy.....| 141.7 142.9 144.2 145.5 146.3 147.1 

 | 

 Crude energy materials 2/........................| 158.9 153.0 156.3 165.3 178.0 178.3 

 Crude materials less energy......................| 140.8 148.3 148.3 149.5 145.6 144.9 

 Crude nonfood materials less energy 3/...........| 189.3 194.6 184.1 177.1 176.2 191.4 

_____________________________________________________________________________________________________________ 

 

 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 March 2004 have been 

 recalculated to incorporate late reports and corrections by respondents. 

 2/ Includes crude petroleum. 

 3/ Excludes crude petroleum.