FOR DATA ONLY:  (202) 691-5200      USDL 02-388
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), THURSDAY,
http://www.bls.gov/ppi              JULY 11, 2002
                                     
                    Producer Price Indexes -- June 2002

     The Producer Price Index for Finished Goods edged up 0.1 percent in
June, seasonally adjusted, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today.  This slight increase followed
decreases of 0.4 percent in May and 0.2 percent in April.  At the earlier
stages of processing, the intermediate goods index moved up 0.2 percent,
following a 0.5-percent decline in May.  Prices for crude goods turned down
3.6 percent in June, after increasing 1.7 percent in the previous month.
(See table A.)
     
 Table A.  Monthly and annual percent changes in selected stage-of-processing price
 indexes, seasonally adjusted
 ______________________________________________________________________________________
|        |                                                         |         |         |
|        |                   Finished  goods                       |         |         |
|        |                                                         |         |         |
|        |---------------------------------------------------------|         |         |
|        |          |          |          |         |  Change in   |         |         |
|        |          |          |          | Except  |finished goods| Inter-  |         |
|        |          |          |          |foods and|from 12 months| mediate |  Crude  |
| Month  |  Total   |  Foods   |  Energy  | energy  |  ago(unadj.) | goods   |  goods  |
|--------------------------------------------------------------------------------------|
 2001                                                     
   June      -0.5       -0.4       -2.6        0.1         2.6         -0.2      -8.1
   July      -1.2        -.4       -7.3         .1         1.4         -1.1      -5.3
   Aug.        .4         .7        1.4          0         2.0          -.2       -.7
   Sept.       .4         .1        1.5         .1         1.6           .1      -4.4
   Oct.      -1.3        -.1       -6.7        -.4         -.3         -1.3      -8.8
   Nov.       -.6        -.8       -3.9         .1        -1.2          -.7       4.9
   Dec.       -.4        -.1       -3.0         .2        -1.6          -.6      -7.2
                                                                                
 2002                                                                           
   Jan.         0         .8        -.5        -.2        -2.7          -.2       4.6
   Feb.        .2       r .8        r 0       r .1        -2.6        r -.2    r -1.2
   Mar.       1.0       r .8      r 6.3      r -.1        -1.4        r 1.3     r 3.4
   Apr.       -.2       -3.2        2.5         .1        -2.0           .9       5.5
   May        -.4        -.2       -2.3          0        -2.7          -.5       1.7
   June        .1         .1          0         .2        -2.1           .2      -3.6
r=revised.  Some of the figures shown above and elsewhere in this release may differ 
from those previously reported because data for February 2002 have been revised to
reflect the availability of late reports and corrections by respondents.

                                    -2-
                                     
     Among finished goods, prices for finished goods other than foods and
energy rose 0.2 percent in June, after showing no change in the prior
month.  The finished consumer foods index increased 0.1 percent, following
a 0.2-percent decline in May.  The index for finished energy goods showed
no change, compared with a 2.3-percent decline in the previous month.

     During the first 6 months of 2002, the finished goods price index
advanced at a 1.5-percent seasonally adjusted annual rate (SAAR), after
falling at a 5.4-percent rate in the latter half of 2001.  In the first
half of this year, finished energy goods prices increased at a 12.1-percent
SAAR, compared with a 31.2-percent rate of decline for the last 6 months of
2001.  By contrast, the finished consumer foods index decreased at a 1.8-
percent SAAR from December 2001 to June 2002, following a 1.3-percent rate
of decrease during the previous 6 months.  Prices for finished goods other
than foods and energy rose at a 0.3-percent SAAR for the first 6 months of
this year, the same rate of increase as in the second half of 2001.  At the
earlier stages of processing, the intermediate goods index increased at a
2.7-percent SAAR from December 2001 to June 2002, after falling at a 7.6-
percent rate during the prior 6 months.  Crude goods prices advanced at a
22.3-percent SAAR during the first half of 2002, following a 36.2-percent
rate of decrease in the final 6 months of 2001.  (See summary below).

Summary of December-to-December, 6-month, and 3-month seasonally adjusted annual rates for
selected stages of processing
 ______________________________________________________________________________________________
|                               |     Percentage     |                                         |
|                               |      change 12     |  Seasonally adjusted annual rate for:   |
|                               |    months ended    |                                         |
|           Grouping            |     in December    |                                         |
|                               |--------------------|-----------------------------------------|
|                               |      |      |      |6 months |3 months  |3 months  |3 months |
|                               | 1999 | 2000 | 2001 |ended in |ended in  |ended in  |ended in |
|                               |      |      |      |June 2002|Dec. 2001 |Mar. 2002 |June 2002|
|----------------------------------------------------------------------------------------------|
Finished goods                     2.9    3.6   -1.6      1.5       -9.0        5.0     -2.0
   Finished consumer foods          .8    1.7    1.8     -1.8       -4.2       10.0    -12.4
   Finished energy goods          18.1   16.6  -17.1     12.1      -42.8       25.1       .5
   Finished goods less foods        
   and energy                       .9    1.3     .9       .3        -.5        -.5      1.1
      Finished consumer goods,                
      excluding foods and energy   1.2    1.4    1.5       .6         .3       -1.0      2.3
      Capital equipment             .3    1.2      0      -.3       -1.4        -.3      -.3
                                                                        
Intermediate materials, supplies,  
and components                     3.7    4.1   -4.0      2.7      -10.1        3.2      2.2
   Intermediate foods and feeds   -4.2    3.6     .3     -1.0      -12.0        1.1     -3.1
   Intermediate energy goods      19.6   19.0  -16.9     10.8      -39.5       15.3      6.5
   Intermediate materials less     
   foods and energy                1.9    1.6   -1.6      1.5       -3.5        1.2      1.8
      Materials for nondurable           
      manufacturing                4.0    4.1   -5.5      3.7      -10.1        1.0      6.5
      Materials for durable    
      manufacturing                2.4     .2   -4.0      4.0       -6.0        3.6      4.3
      Materials and components           
      for construction             2.2     .1      0      1.5       -2.1         .8      2.1
                                                                        
Crude materials for further   
processing                        15.3   35.5  -32.5     22.3      -37.9       30.6     14.4             
   Foodstuffs and feedstuffs       -.1    7.4   -7.6     -4.1      -35.2       22.6    -24.9
   Crude energy materials         36.9   85.6  -52.9     67.5      -51.0       66.2     68.8
   Crude nonfood materials        
   less energy                    14.0   -5.5   -9.9     19.1       -8.7        1.0     40.5
NOTE: Late reports and corrections by respondents may cause some indexes to change 4 months 
after original publication.  In addition, seasonally adjusted indexes may be revised for 5 
years due to the recalculation of seasonal factors each January.

                                    -3-
                                     
     Before seasonal adjustment, the Producer Price Index for Finished
Goods rose 0.3 percent in June to stand at 139.2 (1982=100).  From June
2001 to June 2002, prices for finished goods decreased 2.1 percent.  During
the same period, the index for finished energy goods dropped 12.4 percent
and prices for finished consumer foods fell 1.7 percent.  On the other
hand, the index for finished goods other than foods and energy increased
0.3 percent.  Prices received by producers of intermediate goods moved down
2.7 percent for the 12 months ended in June 2002, and the index for crude
goods declined 11.8 percent during the same period.

Finished goods

     Prices for finished consumer goods other than foods and energy
advanced 0.3 percent in June, after showing no change in the prior month.
Leading this acceleration, the index for light motor trucks turned up 0.5
percent, following a 0.9-percent decline in May.  Prices for cosmetics and
other toilet preparations, sanitary papers and health products, household
appliances, soaps and synthetic detergents, and floor coverings also rose,
after falling in the previous month.  The girls', children's, and infants'
apparel index increased at a faster pace than it did a month earlier.  On
the other hand, sporting and athletic goods prices turned down 1.3 percent
in June, compared with a 1.6-percent rise in May.  The indexes for
newspaper circulation and periodical circulation showed no change, after
moving up in the previous month.  Prices for alcoholic beverages, book
publishing, and pharmaceutical preparations rose less than they did a month
ago.  During the first half of 2002, the index for finished consumer goods
other than foods and energy advanced at a 0.6 percent SAAR, the same rate
of increase as in the previous 6-month period.

Table B.  Monthly and annual percent changes in selected price indexes for 
intermediate goods and crude goods, seasonally adjusted
 __________________________________________________________________________________
|      |                                     |                                     |
|      |       Intermediate goods            |       Crude goods                   |
|      |                                     |                                     |
|      |---------------------------------------------------------------------------|
|      |       |        |         |Change in |       |         |         | Change  |
|      |       |        |         | interme- |       |         |         |in crude |
|      |       |        |         |  diate   |       |         |         | goods   |
|      |       |        |         |goods from|       |         |         | from 12 |
|      |       |        | Except  |12 months |       |         | Except  | months  |
|      |       |        |foods and|   ago    |       | Energy  |foods and|  ago    |
|Month | Foods | Energy | energy  | (unadj.) | Foods | (unadj.)| energy  |(unadj.) |
|----------------------------------------------------------------------------------|
 2001                                                           
   June    1.0     -0.6     -0.1        1.2      0.0    -15.8      -1.0      -4.0
   July     .6     -5.0      -.5        -.2       .6    -12.4       1.0      -7.3
   Aug.    1.8      -.3      -.3        -.2      -.6      -.5      -1.8      -4.5
   Sept.   -.8      1.1      -.1        -.8       .8    -11.0        .2     -14.6
   Oct.    -.4     -6.2      -.4       -2.4     -3.5    -17.9      -1.5     -25.1
   Nov.   -1.6     -3.2      -.2       -3.0     -4.9     19.9       -.3     -20.5
   Dec.   -1.1     -2.9      -.2       -4.0     -2.3    -15.0       -.5     -32.5
                                                                           
 2002                                                                      
   Jan.    -.2     -1.3      -.1       -4.7      4.3      7.8         0     -40.0
   Feb.  r -.1   r -1.2      r 0     r -4.6    r 1.8   r -7.1     r 1.5   r -30.6
   Mar.   r .5    r 6.3     r .4       -3.2    r -.9   r 13.4    r -1.3     -22.6
   Apr.    -.7      4.4       .2       -2.4     -6.4     22.4       3.6     -18.9
   May     -.8     -3.2        0       -3.1       .4      2.2       3.4     -15.8
   June     .7       .5       .2       -2.7      -.9     -8.9       1.6     -11.8
r=revised.  Some of the figures shown above and elsewhere in this release may 
differ from those previously reported because data for February 2002 have been 
revised to reflect the availability of late reports and corrections by respondents.

                                    -4-
                                     
     A 0.1-percent increase in the capital equipment index in June 2002
followed a decline of the same magnitude in the prior month.  Price
increases for light motor trucks, construction machinery, passenger cars,
and civilian aircraft slightly outweighed price decreases for electronic
computers, metal cutting machine tools, welding machines, and tools and
dies.  The capital equipment index fell at a SAAR of 0.3 percent from
December 2001 to June 2002, after declining at a rate of 0.1 percent in the
second half of 2001.

     Finished consumer foods prices inched up 0.1 percent in June, after
declining 0.2 percent in the prior month.  The pork index turned up 1.1
percent, following a 7.5-percent drop in May.  Prices for beef and veal
also increased, after falling in the previous month.  The indexes for fresh
and dry vegetables, eggs for fresh use, soft drinks, and confectionery end
products advanced at a faster rate than they did a month earlier.  By
contrast, fresh fruit and melon prices decreased 12.0 percent in June,
compared with a 21.2-percent jump in the prior month.  The indexes for
finfish and shellfish, processed young chickens, processed fruits and
vegetables, and processed turkeys also turned down, after increasing in
May.  Dairy products prices fell at a faster pace than they did in the
previous month.

     Finished energy goods prices showed no change in June, after falling
2.3 percent in the previous month.  The gasoline index rose 1.0 percent,
following a 9.6-percent drop in May.  Prices for residential electric
power, residential natural gas, and diesel fuel also turned up in June.  By
contrast, the index for liquefied petroleum gas dropped 10.2 percent in
June, following a 0.4-percent decline in the prior month.  Home heating oil
prices also fell at a faster rate then they did in May.  The index for
lubricating and similar oils increased less than it did in the previous
month.

Intermediate goods

     The Producer Price Index for Intermediate Materials, Supplies, and
Components moved up 0.2 percent in June, after posting a 0.5-percent
decline in May.  The largest contributor to this acceleration was the index
for intermediate energy goods, which rose after falling in May.  Prices for
nondurable manufacturing materials and intermediate foods and feeds also
turned up this month.  The durable manufacturing materials index advanced
at a faster rate in June than in the previous month, while the index for
materials and components for construction increased at the same rate in
June as in May.  Excluding foods and energy, the index for intermediate
goods rose 0.2 percent in June, after showing no change in May.  (See table
B.)

     The index for intermediate energy goods rose 0.5 percent in June,
following a 3.2-percent drop in the preceding month.  Prices for gasoline
turned up 1.0 percent in June, after posting a 9.6-percent decline in May.
The indexes for commercial electric power, natural gas to electric
utilities, and diesel fuel also turned up in June.  On the other hand,
prices for liquefied petroleum gas dropped 10.2 percent in June, compared
with a 0.4-percent decrease in the prior month.  The indexes for jet fuels
and industrial natural gas fell, after rising in the previous month.  The
index for intermediate energy goods rose at a 10.8-percent SAAR during the
first half of 2002, compared with a 28.7-percent rate of decline during the
second half of 2001.

     The nondurable manufacturing materials index moved up 0.4 percent in
June, following a 0.2-percent fall in May.  Prices for paint materials rose
4.6 percent, after declining 3.2 percent in the prior month.  The index for
inedible fats and oils also increased in June, following a decline in May.
June prices for industrial chemicals and paper declined at a slower pace
than they did in the previous month.  The indexes for processed yarns and
threads and woodpulp rose more in June than in May.  By contrast, the index
for plastic resins and materials increased 1.5 percent in June, after
rising 3.6 percent in May.  Prices for synthetic fibers, medicinal and
botanical chemicals, and gray fabrics turned down in June.  The index for
materials for nondurable manufacturing advanced at a 3.7-percent SAAR from
December 2001 to June 2002, after posting a 9.8-percent rate of decline
from June 2001 to December 2001.

                                    -5-

     Following a 0.8-percent decline in May, prices for intermediate foods
and feeds moved up 0.7 percent in June.  Leading the upturn, the index for
beef and veal rose 1.5 percent in June, after dropping 3.0 percent in the
preceding month.  The indexes for pork, prepared animal feeds, refined
sugar, and confectionery materials all turned up in June.  Crude vegetable
oil prices advanced at a faster rate in June than they did in May.  On the
other hand, flour prices moved up 1.2 percent in June, after posting a 2.0-
percent increase a month earlier.  The liquid milk products index turned
down in June, while prices for soft-drink beverage bases and for natural,
processed, and imitation cheese fell at faster rates in June than they did
in the prior month.  Prices for intermediate foods and feeds declined at a
1.0-percent SAAR during the December 2001 to June 2002 period, following a
3.1-percent rate of decline over the prior 6-month period.

     Prices for durable manufacturing materials rose 0.6 percent in June,
compared with a 0.5-percent advance in the previous month.  Leading the
advance in June, the index for steel mill products moved up 2.6 percent
(the largest monthly increase since a 2.9-percent rise in October 1987).
Advancing prices were also registered by the indexes for copper and brass
mill shapes, copper cathode and refined copper, primary aluminum (except
extrusion billet), prepared paint, and aluminum mill shapes.
Alternatively, prices for building paper and board, hardwood lumber, and
zinc posted declining prices in June.  From December 2001 to June 2002,
prices for materials for durable manufacturing advanced at a 4.0-percent
SAAR, following a 5.9-percent rate of decrease during the June 2001 to
December 2001 period.

     The index for materials and components for construction rose 0.1
percent in June, the same rate of change as in the previous month.  The
indexes for plastic construction products, asphalt felts and coatings,
fabricated structural metal products, wiring devices, and nonferrous wire
and cable posted advancing prices in June.  Declining prices were posted by
the indexes for softwood lumber, plumbing fixtures and brass fittings, and
hardwood lumber.  After a 2.0-percent SAAR of decline during the latter
half of 2001, the index for materials and components for construction
increased at a 1.5-percent rate during the first half of 2002.

Crude goods

     The Producer Price Index for Crude Materials for Further Processing
fell 3.6 percent, seasonally adjusted, following a 1.7-percent rise in May.
Prices for crude energy materials and for crude foodstuffs and feedstuffs
turned down in June, after increasing in the previous month.  The index for
basic industrial materials advanced at a slower rate in June than a month
earlier.  (See table B.)
     
     Prices for crude energy materials decreased 8.9 percent in June,
following a 2.2-percent gain in May.  The largest contributor to this
downturn was the crude petroleum index, which dropped 19.5 percent, after
rising 10.9 percent in May.  Natural gas prices declined 3.5 percent,
following a 2.5-percent decrease in the prior month.  By contrast, the coal
index showed no change in June, after falling 0.8 percent a month ago.
Prices for crude energy materials rose at a 67.5-percent SAAR from December
2001 to June 2002, after declining at a 57.9-percent rate in the previous 6-
month period.

     The index for crude foodstuffs and feedstuffs fell 0.9 percent, after
posting a 0.4-percent increase in May.  Prices for fresh fruits and melons
decreased 12.0 percent, following a 21.2-percent advance in the previous
month.  The indexes for corn, alfalfa hay, and slaughter turkeys also
turned down, after rising in May.  June prices for slaughter cattle and
fluid milk fell at a faster rate, compared with a month earlier.  On the
other hand, the index for slaughter broilers and fryers rose 5.8 percent,
subsequent to a 0.8-percent gain in the prior month.  Prices for fresh
vegetables, except potatoes, also rose more in June than they did in May.
The indexes for wheat and Irish potatoes for processing turned up,
following declines in the previous month.  During the first half of 2002,
the crude foodstuffs and feedstuffs index fell at a SAAR of 4.1 percent,
after dropping at an 18.0-percent rate in the last half of 2001.
                                    -6-

     Prices for basic industrial materials increased 1.6 percent in June,
following a 3.4-percent rise in May.  In June, the iron and steel scrap
index moved up 1.8 percent, after advancing 9.2 percent a month ago.
Rising prices for nonferrous metal ores and for hides and skins also
decelerated in June.  The index for construction sand, gravel, and crushed
stone registered no change, after advancing in the previous month.  By
contrast, raw cotton prices jumped 11.9 percent, following a 4.3-percent
decline in May.  The indexes for wastepaper, aluminum base scrap, and
copper base scrap rose more in June than they did a month earlier.  Iron
ore prices edged up, after falling in May.  The index for basic industrial
materials advanced at a 19.1-percent SAAR from December 2001 to June 2002,
after falling at a 5.6-percent rate in the previous 6-month period.
     
Net output price indexes for mining, manufacturing, and services industries

Mining.  The Producer Price Index for the Net Output of Total Domestic
Mining Industries fell 7.0 percent in June, after posting a 1.8-percent
increase in May.  (Net output price indexes are not seasonally adjusted.)
Leading this downturn, June prices received by the oil and gas extraction
industry group dropped 9.8 percent, following a 2.4-percent rise a month
earlier.  The index for the metal mining industry group rose 0.7 percent in
June -- a slower rate of advance than the 2.1-percent gain observed in May.
Prices received by the industry group for mining and quarrying of
nonmetallic minerals (except fuels) edged up 0.1 percent in June, compared
with a 0.4-percent advance in the previous month.  The index for the coal
mining industry group inched down 0.1 percent, after showing no change in
May.  During the first half of 2002, prices received by the mining industry
sector jumped at an annual rate of 48.6 percent, compared with a 52.2-
percent annual rate of decline for the second half of 2001.  In June 2002,
the Producer Price Index for Total Mining Industries stood at 94.6
(December 1984 = 100), 15.7 percent below its year-ago level.

Manufacturing.  The Producer Price Index for the Net Output of Total
Domestic Manufacturing Industries was unchanged in June, after edging down
0.1 percent in May.  In June, higher prices received by the industry groups
for food and kindred products, chemicals and allied products, printing and
publishing, primary metals, rubber and plastic products, and measuring and
controlling instruments were offset by lower prices received by the
industry groups for electrical and electronic machinery and equipment,
petroleum refining and related products, lumber and wood products (except
furniture), transportation equipment, and machinery (except electrical).
From December 2001 to June 2002, the index for the overall manufacturing
sector increased at a 3.1-percent annual rate, following a 6.1-percent
annual rate of decline from June 2001 to December 2001.  In June, the
Producer Price Index for Total Manufacturing Industries stood at 133.6
(December 1984 = 100), 1.6 percent lower than a year ago.

Services.  Among service industries in June, advancing prices were
registered by the industries for help supply services, wireless
telecommunications, deep sea foreign transportation of freight, operators
and lessors of nonresidential buildings, passenger car rental, truck rental
and leasing, data processing services, and specialty hospitals (except
psychiatric).  On the other hand, falling prices were posted by the
industries for radio broadcasting, cable and other pay television services,
air courier services, medical laboratories, and telephone communications
(except radiotelephone).

                                   *****
              Producer Price Index data for July 2002 will be
          released on Thursday, August 8, 2002 at 8:30 a.m. (EDT)

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|                       |June 2002 from:|                          
                                                 |          |_______________________|_______________|__________________________
                                                 |   Dec.   |       |       |       |       |       |       |         |        
                                                 |          |Feb.   | May   |June   |  June |  May  |Mar. to|Apr.  to | May  to
                                                 |   2001 1/|2002 2/|2002 2/|2002 2/|  2001 | 2002  |  Apr. |    May  |  June  
_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________
                                                 |                                                                             
Finished goods...................................|  100.000   137.7   138.8   139.2    -2.1    0.3     -0.2     -0.4     0.1   
  Finished consumer goods........................|   72.948   137.5   139.2   139.8    -2.6     .4      -.2      -.6      .1   
    Finished consumer foods......................|   20.964   142.3   139.4   139.6    -1.7     .1     -3.2      -.2      .1   
      Crude......................................|    1.560   146.4   124.0   125.6     1.7    1.3    -27.8      7.4     2.0   
      Processed..................................|   19.404   141.9   140.6   140.7    -1.9     .1      -.8      -.8     0     
    Finished consumer goods, excluding foods.....|   51.984   135.4   138.8   139.6    -3.1     .6       .9      -.6      .1   
      Nondurable goods less foods................|   35.355   134.3   139.7   140.9    -4.1     .9      1.4      -.9      .1   
      Durable goods..............................|   16.628   134.1   133.1   133.0     -.2    -.1      -.2      -.1      .2   
  Capital equipment..............................|   27.052   139.8   139.2   139.1     -.2    -.1      -.1      -.1      .1   
    Manufacturing industries.....................|    7.924   140.3   140.1   139.9     -.4    -.1      -.2       .1     -.1   
    Nonmanufacturing industries..................|   19.128   139.5   138.7   138.7     -.2    0        -.1      -.1      .2   
                                                 |                                                                             
Intermediate materials, supplies, and components.|  100.000   125.2   127.2   127.9    -2.7     .6       .9      -.5      .2   
  Materials and components for manufacturing.....|   47.040   124.6   125.7   126.0    -1.7     .2       .2      0        .3   
    Materials for food manufacturing.............|    2.902   122.6   121.4   122.1    -2.9     .6     -1.1      -.8      .6   
    Materials for nondurable manufacturing.......|   14.124   125.4   128.3   128.8    -3.2     .4      1.3      -.2      .4   
    Materials for durable manufacturing..........|    9.152   122.6   124.2   124.9    -1.2     .6      0         .5      .6   
    Components for manufacturing.................|   20.862   126.3   126.4   126.3     -.2    -.1      -.2       .1     0     
  Materials and components for construction......|   13.085   150.2   151.3   151.3     -.3    0         .3       .1      .1   
  Processed fuels and lubricants.................|   15.060    88.8    95.2    97.3   -12.0    2.2      4.4     -3.4      .5   
    Manufacturing industries ....................|    6.106    93.2    97.4    98.6   -11.4    1.2      3.5     -2.4     -.1   
    Nonmanufacturing industries..................|    8.954    86.0    93.8    96.5   -12.2    2.9      4.9     -4.1      .8   
  Containers.....................................|    3.421   151.9   151.1   151.2    -1.8     .1      -.3      -.1      .1   
  Supplies.......................................|   21.395   138.1   138.4   138.7     -.1     .2       .1      -.1      .2   
    Manufacturing industries.....................|    4.721   144.5   144.5   144.6     -.8     .1       .1      0        .1   
    Nonmanufacturing industries..................|   16.674   135.3   135.6   136.0      .1     .3       .1      -.1      .2   
      Feeds......................................|    1.082    93.4    94.2    95.1     0      1.0       .4      -.8     1.0   
      Other supplies.............................|   15.593   140.3   140.7   141.0      .1     .2       .1      -.1      .2   
                                                 |                                                                             
Crude materials for further processing...........|  100.000    98.0   110.5   106.4   -11.8   -3.7      5.5      1.7    -3.6   
  Foodstuffs and feedstuffs......................|   46.173   102.0    98.4    97.1   -11.6   -1.3     -6.4       .4     -.9   
  Nonfood materials..............................|   53.827    91.4   116.5   110.3   -10.8   -5.3     15.5      2.6    -5.4   
    Nonfood materials except fuel 3/.............|   32.578    89.5   107.0    99.3    -6.7   -7.2      7.6      6.6    -7.2   
      Manufacturing 3/...........................|   31.534    81.8    98.1    90.9    -7.0   -7.3      7.9      6.8    -7.4   
      Construction...............................|    1.044   178.7   182.3   182.4    -1.3     .1       .8       .2      .2   
    Crude fuel 4/................................|   21.249    85.0   120.5   117.3   -14.7   -2.7     28.2     -2.3    -2.7   
      Manufacturing industries...................|    1.958    83.7   116.4   113.4   -16.7   -2.6     26.5     -2.4    -2.6   
      Nonmanufacturing industries................|   19.291    86.7   123.1   119.7   -14.5   -2.8     28.4     -2.1    -2.8   
                                                 |                                                                             
               Special groupings                 |                                                                             
                                                 |                                                                             
Finished goods, excluding foods..................|5/ 79.036   136.3   138.4   138.9    -2.3     .4       .6      -.5      .2   
Intermediate materials less foods and feeds......|6/ 96.017   125.9   128.0   128.7    -2.7     .5       .9      -.5      .2   
Intermediate foods and feeds.....................|6/  3.983   113.6   113.0   113.8    -2.1     .7      -.7      -.8      .7   
Crude materials less agricultural products 3/ 7/.|8/ 51.690    91.9   118.4   111.7   -11.1   -5.7     15.8      2.7    -5.7   
                                                 |                                                                             
Finished energy goods............................|5/ 13.774    81.3    88.9    90.3   -12.4    1.6      2.5     -2.3     0     
Finished goods less energy.......................|5/ 86.226   148.1   147.2   147.3     -.3     .1      -.7      -.1      .2   
Finished consumer goods less energy..............|5/ 59.174   151.6   150.5   150.7     -.3     .1      -.9      -.1      .2   
                                                 |                                                                             
Finished goods less foods and energy.............|5/ 65.262   150.4   150.2   150.3      .3     .1       .1      0        .2   
Finished consumer goods less foods and energy....|5/ 38.210   157.6   157.7   157.9      .6     .1       .3      0        .3   
Consumer nondurable goods less foods and energy..|5/ 21.581   176.2   177.4   178.0     1.3     .3       .7      0        .3   
                                                 |                                                                             
Intermediate energy goods........................|6/ 15.182    88.4    94.9    97.1   -11.8    2.3      4.4     -3.2      .5   
Intermediate materials less energy...............|6/ 84.818   133.3   134.1   134.4    -1.1     .2       .2      0        .1   
Intermediate materials less foods and energy.....|6/ 80.835   134.6   135.5   135.7    -1.0     .1       .2      0        .2   
                                                 |                                                                             
Crude energy materials 3/........................|8/ 32.341    76.9   109.1    99.4   -16.0   -8.9     22.4      2.2    -8.9   
Crude materials less energy......................|8/ 67.659   108.5   107.9   107.5    -6.3    -.4     -3.3      1.3     0     
Crude nonfood materials less energy 4/...........|8/ 21.486   128.1   136.1   138.2     6.2    1.5      3.6      3.4     1.6   
_______________________________________________________________________________________________________________________________
                                                                                                                               
  1/  Comprehensive relative importance figures are initially computed          3/  Includes crude petroleum.                  
      after the publication of December indexes and are recalculated            4/  Excludes crude petroleum.                  
      after final December indexes are available.  The first-published          5/  Percent of total finished goods.           
      and final December relative importances initially appear,                 6/  Percent of total intermediate materials.   
      respectively, in the release tables containing January and May data.      7/  Formerly titled "Crude materials for       
  2/  The indexes for February 2002 have been recalculated to incorporate           further processing, excluding crude        
      late reports and corrections by respondents.  All indexes                     foodstuffs and feedstuffs, plant and       
      are subject to revision 4 months after original publication.                  animal fibers, oilseeds, and leaf tobacco."
                                                                                8/  Percent of total crude materials.

          
Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing                         
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |June 2002 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Feb.   | May   |June   | June  |  May  |Mar. to|Apr. to| May to  
           |                                                       |2002 1/|2002 1/|2002 1/| 2001  | 2002  |  Apr. |   May |  June   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           |FINISHED GOODS.........................................| 137.7   138.8   139.2    -2.1    0.3     -0.2    -0.4     0.1   
           | FINISHED CONSUMER GOODS...............................| 137.5   139.2   139.8    -2.6     .4      -.2     -.6      .1   
           |  FINISHED CONSUMER FOODS..............................| 142.3   139.4   139.6    -1.7     .1     -3.2     -.2      .1   
           |                                                       |                                                                 
01-11      |   Fresh fruits and melons 2/..........................|  94.4   101.8    89.6   -10.9  -12.0     -6.4    21.2   -12.0   
01-13      |   Fresh and dry vegetables 2/.........................| 176.7   118.1   131.9     9.5   11.7    -46.5     1.7    11.7   
01-71-07   |   Eggs for fresh use (Dec. 1991=100)..................|  74.5    66.2    85.5    19.1   29.2    -17.2     9.3    16.1   
02-11      |   Bakery products 2/..................................| 189.3   189.5   189.4      .7    -.1       .1     -.1     -.1   
02-13      |   Milled rice 2/......................................|  82.7    77.4    78.4    -9.0    1.3      -.4    -5.1     1.3   
02-14-02   |   Pasta products (June 1985=100) 2/...................| 122.3   121.4   121.4     -.7    0        -.8      .1     0     
02-21-01   |   Beef and veal 2/....................................| 119.6   114.4   116.1    -5.2    1.5     -2.6    -3.0     1.5   
02-21-04   |   Pork................................................| 112.9   107.9   108.5   -13.0     .6     -6.0    -7.5     1.1   
02-22-03   |   Processed young chickens............................| 114.5   112.4   111.8    -5.9    -.5     -4.7     2.8    -1.2   
02-22-06   |   Processed turkeys...................................|  95.8    95.8    96.7    -2.0     .9     -2.8     1.5    -1.6   
02-23      |   Finfish and shellfish...............................| 203.8   193.1   183.2      .5   -5.1      1.7     4.0    -4.8   
02-3       |   Dairy products......................................| 139.1   136.2   135.2   -10.1    -.7      -.4    -1.6    -2.2   
02-4       |   Processed fruits and vegetables 2/..................| 132.3   132.1   130.4     1.2   -1.3      -.2      .2    -1.3   
02-55      |   Confectionery end products 2/.......................| 174.8   175.7   176.7     3.6     .6      0        .3      .6   
02-62      |   Soft drinks.........................................| 152.1   151.4   151.7     2.9     .2      0        .1      .6   
02-63-01   |   Roasted coffee 2/...................................| 121.6   121.1   121.2    -2.0     .1     -1.5     -.4      .1   
02-78      |   Shortening and cooking oils 2/......................| 131.2   135.8   138.7     5.8    2.1      1.1     1.6     2.1   
           |                                                       |                                                                 
           |  FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 135.4   138.8   139.6    -3.1     .6       .9     -.6      .1   
           |                                                       |                                                                 
02-61      |   Alcoholic beverages.................................| 146.5   147.4   147.4     1.3    0         .3      .3      .1   
03-81-01   |   Women's apparel 2/..................................| 122.6   120.7   120.4    -2.4    -.2      -.5     -.1     -.2   
03-81-02   |   Men's and boys' apparel 2/..........................| 130.4   129.1   129.8    -2.1     .5     -1.4      .3      .5   
03-81-03   |   Girls', children's, and infants' apparel 2/.........| 116.8   117.3   121.4     4.4    3.5      -.4      .7     3.5   
03-82      |   Textile housefurnishings 2/.........................| 122.6   121.7   122.0     -.3     .2      -.1     -.2      .2   
04-3       |   Footwear 2/.........................................| 146.0   145.7   146.0      .2     .2      -.1     0        .2   
05-41      |   Residential electric power (Dec. 1990=100)..........| 112.6   113.8   119.5    -1.2    5.0      -.1     -.1      .7   
05-51      |   Residential gas (Dec. 1990=100).....................| 127.8   129.2   130.2   -19.7     .8      3.0     -.5      .5   
05-71      |   Gasoline............................................|  64.8    85.9    85.4   -18.2    -.6      4.2    -9.6     1.0   
05-73-02-01|   Fuel oil No. 2......................................|  60.2    76.5    69.3   -23.3   -9.4      8.8    -4.0    -6.0   
06-38      |   Pharmaceutical preparations (June 2001=100) 2/......| 101.3   102.1   102.5     2.5     .4       .4      .5      .4   
06-71      |   Soaps and synthetic detergents 2/...................| 129.8   129.7   129.9     -.5     .2      0       -.3      .2   
06-75      |   Cosmetics and other toilet preparations 2/..........| 139.3   138.8   140.6     1.4    1.3      0       -.7     1.3   
07-12      |   Tires, tubes, tread, etc 2/.........................|  94.8    95.5    95.5     1.8    0        -.5      .3     0     
09-15-01   |   Sanitary papers and health products 2/..............| 147.4   148.5   149.0      .8     .3      2.4    -1.6      .3   
09-31-01   |   Newspaper circulation 2/............................| 224.9   225.6   225.5     3.0    0        0        .8     0     
09-32-01   |   Periodical circulation..............................| 207.4   209.9   210.1     4.8     .1      1.3      .5     0     
09-33      |   Book publishing.....................................| 227.8   234.7   235.8     5.0     .5      -.4      .7      .3   
12-1       |   Household furniture.................................| 156.3   156.7   156.9     1.2     .1      0       -.1      .1   
12-3       |   Floor coverings 2/..................................| 129.8   129.0   129.1     -.5     .1       .3     -.8      .1   
12-4       |   Household appliances ...............................| 105.6   104.6   105.6      .3    1.0       .1     -.4      .9   
12-5       |   Home electronic equipment 2/........................|  69.7    69.2    69.2    -1.3    0        -.4     0       0     
12-62      |   Household glassware.................................| 169.7   170.0   170.1     -.2     .1     -1.4      .2      .1   
12-64      |   Household flatware 2/...............................| 143.5   145.0   145.0     1.3    0        1.1     -.1     0     
12-66      |   Lawn and garden equip., ex. tractors 2/.............| 133.5   134.6   134.2     1.2    -.3      2.0     -.1     -.3   
14-11-01   |   Passenger cars......................................| 132.1   129.9   129.0    -1.7    -.7      0        .4      .4   
15-11      |   Toys, games, and children's vehicles 2/.............| 124.6   124.6   124.8      .9     .2      0       0        .2   
15-12      |   Sporting and athletic goods 2/......................| 126.7   127.8   126.1     -.1   -1.3       .2     1.6    -1.3   
15-2       |   Tobacco products 2/.................................| 448.0   466.1   466.4     4.2     .1      3.9     0        .1   
15-5       |   Mobile homes 2/.....................................| 165.6   167.5   167.2     1.8    -.2      1.0     -.1     -.2   
15-94-02   |   Jewelry, platinum, & karat gold 2/..................| 130.1   130.0   130.0     1.1    0        -.9      .5     0     
15-94-04   |   Costume jewelry and novelties 2/....................| 144.0   144.0   145.5     1.2    1.0      0       0       1.0   
           |                                                       |                                                                 
           | CAPITAL EQUIPMENT.....................................| 139.8   139.2   139.1     -.2    -.1      -.1     -.1      .1   
           |                                                       |                                                                 
11-1       |   Agricultural machinery and equipment 2/.............| 157.8   157.2   157.0      .6    -.1      -.1     0       -.1   
11-2       |   Construction machinery and equipment................| 149.2   149.7   151.7     1.7    1.3       .1      .2     1.3   
11-37      |   Metal cutting machine tools 2/......................| 153.7   152.7   151.4    -7.5    -.9       .1     -.5     -.9   
11-38      |   Metal forming machine tools 2/......................| 166.4   167.2   167.0     1.2    -.1      -.1      .4     -.1   
11-39      |   Tools, dies, jigs, fixtures, and ind. molds 2/......| 140.8   140.1   139.8    -1.3    -.2      -.6      .1     -.2   
11-41      |   Pumps, compressors, and equipment...................| 160.3   160.7   160.9     2.7     .1       .2     0        .4   
11-44      |   Industrial material handling equipment 2/...........| 137.3   136.1   136.2     -.5     .1       .1     -.9      .1   
11-51      |   Electronic computers (Dec. 1998=100) 2/.............|  46.1    44.9    44.2   -24.3   -1.6     -1.3     -.2    -1.6   
11-62      |   Textile machinery 2/................................| 157.4   156.8   156.7     -.8    -.1       .2     -.6     -.1   
11-64      |   Paper industries machinery (June 1982=100)..........| 167.7   168.1   169.3     1.3     .7       .1     0        .6   
11-65      |   Printing trades machinery 2/........................| 143.1   143.5   143.7     0       .1      -.4      .8      .1   
11-74      |   Transformers and power regulators 2/................| 132.0   132.2   132.1    -1.7    -.1       .1     -.6     -.1   
11-76      |   Communication & related equip. (Dec. 1985=100) 2/...| 108.7   108.6   108.6     -.8    0         .3     0       0     
11-79-05   |   X-ray and electromedical equipment 2/...............| 100.5   101.2   101.2     1.0    0        0        .6     0     
11-91      |   Oil field and gas field machinery ..................| 135.5   135.7   135.7      .8    0         .1      .1     0     
11-92      |   Mining machinery and equipment 2/...................| 151.0   151.3   151.4     1.9     .1       .1     0        .1   
11-93      |   Office and store machines and equipment 2/..........| 113.8   114.5   114.3     1.6    -.2      1.0      .2     -.2   
12-2       |   Commercial furniture 2/.............................| 160.4   160.1   160.3     -.1     .1      -.1      .3      .1   
14-11-05   |   Light motor trucks..................................| 155.0   150.4   150.0     -.9    -.3     -1.4     -.9      .5   
14-11-06   |   Heavy motor trucks 2/...............................| 150.0   151.7   151.9     3.3     .1       .1     -.1      .1   
14-14      |   Truck trailers 2/...................................| 138.0   137.8   137.8     -.7    0         .1     0       0     
14-21-02   |   Civilian aircraft (Dec. 1985=100)...................| 169.6   169.9   170.4     1.1     .3       .2     -.1      .2   
14-31      |   Ships (Dec. 1985=100) 2/............................| 149.3   149.6   149.9      .6     .2      -.7      .3      .2   
14-4       |   Railroad equipment 2/...............................| 134.6   135.4   136.1      .3     .5       .5      .2      .5   
           |                                                       |                                                                 
           |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 125.2   127.2   127.9    -2.7     .6       .9     -.5      .2   
           |                                                       |                                                                 
           | INTERMEDIATE FOODS AND FEEDS..........................| 113.6   113.0   113.8    -2.1     .7      -.7     -.8      .7   
           |                                                       |                                                                 
02-12-03   |   Flour 2/............................................| 112.3   110.1   111.4      .5    1.2     -5.2     2.0     1.2   
02-53      |   Refined sugar 2/....................................| 115.5   117.3   118.1     8.2     .7      2.0    -1.3      .7   
02-54      |   Confectionery materials 2/..........................| 113.5   113.8   115.7    10.1    1.7      1.4     -.1     1.7   
02-72      |   Crude vegetable oils 2/.............................|  70.1    73.8    84.3    18.7   14.2      2.0     2.4    14.2   
02-9       |   Prepared animal feeds 2/............................| 101.7   102.5   103.2     -.8     .7       .4     -.7      .7   
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 125.9   128.0   128.7    -2.7     .5       .9     -.5      .2   
           |                                                       |                                                                 
03-1       |   Synthetic fibers 2/.................................| 106.0   106.4   105.4    -2.1    -.9      0        .3     -.9   
03-2       |   Processed yarns and threads 2/......................| 102.2   103.1   104.3    -2.1    1.2       .6      .4     1.2   
03-3       |   Gray fabrics 2/.....................................| 112.5   113.1   113.0    -1.3    -.1      1.5      .3     -.1   
03-4       |   Finished fabrics....................................| 120.4   121.1   121.0    -1.9    -.1      -.2     -.1     0     
03-83-03   |   Industrial textile products 2/......................| 133.1   134.3   134.3     1.4    0         .4      .1     0     
04-2       |   Leather 2/..........................................| 194.7   198.2   202.2    -1.9    2.0       .6      .2     2.0   
05-32      |   Liquefied petroleum gas 2/..........................|  75.7   112.7   101.2   -22.0  -10.2     10.9     -.4   -10.2   
____________________________________________________________________________________________________________________________________ 
See footnotes at end of table.                                                                                                       

Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued             
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |June 2002 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Feb.   | May   |June   | June  |  May  |Mar. to|Apr. to| May to  
           |                                                       |2002 1/|2002 1/|2002 1/| 2001  | 2002  |  Apr. |   May |  June   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS           |                                                                 
           |   -Continued..........................................|                                                                 
05-42      |   Commercial electric power...........................| 133.8   134.3   144.6    -1.5    7.7      0.6    -1.5     0.8   
05-43      |   Industrial electric power...........................| 135.4   136.1   141.6    -4.6    4.0       .3     -.9     0     
05-52      |   Commercial natural gas (Dec. 1990=100)..............| 132.5   133.0   133.7   -19.0     .5      4.1      .6     2.2   
05-53      |   Industrial natural gas (Dec. 1990=100)..............| 133.6   135.4   133.4   -23.0   -1.5      5.5      .1     -.1   
05-54      |   Natural gas to electric utilities (Dec. 1990=100)...|  89.8   103.0   106.3   -14.5    3.2     30.9    -8.1     4.2   
05-72-03   |   Jet fuels...........................................|  58.5    69.9    67.8   -18.1   -3.0     10.4     1.3    -1.8   
05-73-03   |   No. 2 Diesel fuel...................................|  60.0    74.2    73.3   -18.7   -1.2      7.5    -9.3     3.3   
05-74      |   Residual fuel 2/....................................|  57.6    75.6    77.0    -1.3    1.9     23.0     1.7     1.9   
06-1       |   Industrial chemicals 2/.............................| 119.9   126.2   125.9    -3.9    -.2      2.6    -1.9     -.2   
06-21      |   Prepared paint......................................| 165.9   166.6   167.0     1.3     .2       .7    -1.1      .4   
06-22      |   Paint materials 2/..................................| 152.0   165.1   172.7    13.7    4.6      6.8    -3.2     4.6   
06-31      |   Medicinal and botanical chemicals 2/................| 132.9   132.8   132.1    -6.4    -.5       .2      .3     -.5   
06-4       |   Fats and oils, inedible.............................|  74.6    76.6    89.6    24.6   17.0      3.5    -5.2    12.3   
06-51      |   Mixed fertilizers...................................| 113.7   113.6   114.0    -3.6     .4      -.6      .2      .4   
06-52-01   |   Nitrogenates........................................| 104.1   103.0   106.0   -25.7    2.9      -.1     5.4     5.9   
06-52-02   |   Phosphates 2/.......................................|  99.9    99.4    99.0     5.0    -.4      -.3     -.2     -.4   
06-53      |   Other agricultural chemicals 2/.....................| 147.9   148.7   148.7      .5    0         .1     -.5     0     
06-6       |   Plastic resins and materials 2/.....................| 121.3   127.5   129.4    -6.0    1.5      3.4     3.6     1.5   
07-11-02   |   Synthetic rubber 2/.................................| 117.8   117.3   117.7    -5.3     .3      -.6     0        .3   
07-21      |   Plastic construction products ......................| 132.0   137.2   138.7     3.0    1.1      2.3     2.2     1.0   
07-22      |   Unsupported plastic film, sheet, & other shapes 2/..| 133.7   138.8   139.5      .4     .5      3.1      .1      .5   
07-26      |   Plastic parts and components for manufacturing 2/...| 116.6   116.1   116.5     -.6     .3      -.3     0        .3   
08-11      |   Softwood lumber 2/..................................| 172.6   174.9   167.9   -10.4   -4.0       .3    -2.1    -4.0   
08-12      |   Hardwood lumber ....................................| 177.2   177.3   176.7    -2.2    -.3       .5      .4     -.3   
08-2       |   Millwork 2/.........................................| 179.4   179.8   180.0     -.3     .1       .2     -.1      .1   
08-3       |   Plywood 2/..........................................| 151.5   152.6   153.6    -7.7     .7      -.6    -4.1      .7   
09-11      |   Woodpulp 2/.........................................| 113.8   113.2   116.3    -6.7    2.7     -1.6     1.0     2.7   
09-13      |   Paper 2/............................................| 144.7   143.2   143.0    -5.9    -.1      -.3     -.6     -.1   
09-14      |   Paperboard 2/.......................................| 164.0   161.6   160.6    -6.8    -.6      -.1     -.6     -.6   
09-15-03   |   Paper boxes and containers 2/.......................| 172.7   171.6   171.7    -2.6     .1      -.2     -.1      .1   
09-2       |   Building paper and board 2/.........................| 126.7   129.6   127.0    -7.0   -2.0      -.1    -2.3    -2.0   
09-37      |   Commercial printing (June 1982=100) 2/..............| 156.9   156.5   156.3    -1.1    -.1      -.1      .3     -.1   
10-15      |   Foundry and forge shop products.....................| 136.8   136.5   136.6     -.3     .1       .1     -.1     0     
10-17      |   Steel mill products 2/..............................|  98.3   102.4   105.1     3.8    2.6      1.3     1.5     2.6   
10-22      |   Primary nonferrous metals 2/........................| 100.9   103.6   104.8    -2.7    1.2      -.8     1.1     1.2   
10-25-01   |   Aluminum mill shapes 2/.............................| 145.1   142.7   142.8    -4.7     .1     -2.3      .2      .1   
10-25-02   |   Copper and brass mill shapes 2/.....................| 149.9   152.4   155.9      .2    2.3      0       -.3     2.3   
10-26      |   Nonferrous wire and cable 2/........................| 136.6   133.2   133.9    -4.8     .5      -.4    -1.3      .5   
10-3       |   Metal containers 2/.................................| 108.4   107.3   107.2      .6    -.1     -1.7      .2     -.1   
10-4       |   Hardware 2/.........................................| 156.0   156.5   156.3      .9    -.1      -.1      .2     -.1   
10-5       |   Plumbing fixtures and brass fittings................| 181.8   181.8   181.9      .7     .1      -.1      .4     -.3   
10-6       |   Heating equipment 2/................................| 157.6   158.0   158.0      .6    0        -.1     0       0     
10-7       |   Fabricated structural metal products................| 143.8   144.7   144.7      .1    0         .3      .2      .1   
10-88      |   Fabricated ferrous wire products (June 1982=100) 2/.| 129.2   130.0   130.4      .7     .3      -.1      .9      .3   
10-89      |   Other misc. metal products 2/.......................| 126.7   126.8   126.9     -.2     .1      -.1     0        .1   
11-45      |   Mechanical power transmission equipment.............| 169.2   169.4   169.7     1.7     .2      0        .1      .2   
11-48      |   Air conditioning and refrigeration equipment 2/.....| 136.6   136.8   136.9      .6     .1       .2      .1      .1   
11-49-02   |   Metal valves, ex.fluid power (Dec. 1982=100) 2/.....| 166.3   166.8   166.9     1.3     .1      -.1     0        .1   
11-49-05   |   Ball and roller bearings............................| 169.9   169.0   169.1     -.1     .1      -.5      .1      .1   
11-71      |   Wiring devices 2/...................................| 152.9   154.5   155.5      .7     .6       .7      .2      .6   
11-73      |   Motors, generators, motor generator sets............| 146.7   146.6   146.6     -.2    0        0        .1      .1   
11-75      |   Switchgear, switchboard, etc., equipment............| 158.4   158.1   158.1      .4    0        -.1     -.3     0     
11-78      |   Electronic components and accessories 2/............|  93.0    93.4    93.0    -1.1    -.4      -.4      .1     -.4   
11-94      |   Internal combustion engines.........................| 144.2   144.3   144.0      .2    -.2       .1     0       -.1   
11-95      |   Machine shop products 2/............................| 139.9   139.8   139.9     -.4     .1      0       0        .1   
13-11      |   Flat glass 2/.......................................| 111.1   110.7   110.7    -1.3    0         .1     -.2     0     
13-22      |   Cement..............................................| 149.9   150.5   150.7      .5     .1      -.5      .1     0     
13-3       |   Concrete products...................................| 152.1   152.8   152.5     1.2    -.2      -.1      .2      .1   
13-6       |   Asphalt felts and coatings..........................| 110.0   109.0   111.8     4.4    2.6      -.7     -.5     2.5   
13-7       |   Gypsum products 2/..................................| 166.5   173.3   174.0    19.6     .4      2.1     5.3      .4   
13-8       |   Glass containers 2/.................................| 134.9   135.2   135.6     1.3     .3      -.1      .4      .3   
14-12      |   Motor vehicle parts 2/..............................| 113.4   112.9   112.8     -.5    -.1      -.4     -.1     -.1   
14-23      |   Aircraft engines & engine parts (Dec. 1985=100).....| 146.2   146.2   146.2      .5    0         .2      .3     0     
14-25      |   Aircraft parts & aux.equip.,nec (June 1985=100).....| 151.3   149.6   150.2     1.3     .4      -.3     0        .2   
15-42      |   Photographic supplies 2/............................| 129.8   117.7   119.0    -8.0    1.1     -9.1     -.1     1.1   
15-6       |   Medical/surgical/personal aid devices 2/............| 150.4   150.4   150.9     2.0     .3       .1     0        .3   
           |                                                       |                                                                 
           | CRUDE MATERIALS FOR FURTHER PROCESSING................|  98.0   110.5   106.4   -11.8   -3.7      5.5     1.7    -3.6   
           |                                                       |                                                                 
           |  CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 102.0    98.4    97.1   -11.6   -1.3     -6.4      .4     -.9   
           |                                                       |                                                                 
01-21      |   Wheat 2/............................................|  84.6    82.5    84.5    -3.0    2.4     -1.4     -.1     2.4   
01-22-02-05|   Corn................................................|  79.2    83.1    80.1    10.6   -3.6       .8     6.4     -.4   
01-31      |   Slaughter cattle 2/.................................| 108.4   101.3    96.6   -13.5   -4.6     -6.5    -2.9    -4.6   
01-32      |   Slaughter hogs......................................|  62.3    58.8    57.4   -34.2   -2.4    -23.1     2.5     1.4   
01-41-02   |   Slaughter broilers/fryers...........................| 127.9   127.3   136.7    -2.6    7.4     -4.8      .8     5.8   
01-42      |   Slaughter turkeys...................................|  96.0   103.0   106.1    -2.4    3.0     -6.4     7.3     -.7   
01-6       |   Fluid milk 2/.......................................|  98.0    92.7    89.0   -26.6   -4.0     -1.6     -.6    -4.0   
01-83-01-31|   Soybeans 2/.........................................|  73.8    81.6    86.2     6.7    5.6      2.2     3.9     5.6   
02-52-01-01|   Cane sugar,raw 2/...................................| 109.9   105.1   105.6    -3.8     .5     -1.3      .7      .5   
           |                                                       |                                                                 
           |  CRUDE NONFOOD MATERIALS..............................|  91.4   116.5   110.3   -10.8   -5.3     15.5     2.6    -5.4   
           |                                                       |                                                                 
01-51-01-01|   Raw cotton 2/.......................................|  55.9    51.1    57.2    -9.6   11.9     -1.8    -4.3    11.9   
01-92-01-01|   Leaf tobacco 2/.....................................| 110.2     (3)     (3)     (3)    (3)      (3)     (3)     (3)   
04-19      |   Hides and skins (June 2001=100) 2/..................|  71.2    81.1    81.3   -18.7     .2       .1     7.0      .2   
05-1       |   Coal 2/.............................................| 100.5   100.4   100.4     6.7    0       -1.0     -.8     0     
05-31      |   Natural gas 2/......................................|  78.9   126.5   122.1   -20.4   -3.5     39.5    -2.5    -3.5   
05-61      |   Crude petroleum 2/..................................|  53.5    78.3    63.0   -18.2  -19.5     15.2    10.9   -19.5   
08-5       |   Logs, timber, etc...................................| 177.6   180.9   180.4    -2.9    -.3      1.0      .5     -.2   
09-12      |   Wastepaper 2/.......................................| 138.7   162.4   186.7    37.8   15.0      5.8    12.0    15.0   
10-11      |   Iron ore 2/.........................................|  95.4    95.1    95.2    -1.1     .1       .2     -.3      .1   
10-12      |   Iron and steel scrap................................| 122.1   149.2   152.5    27.7    2.2     10.8     9.2     1.8   
10-21      |   Nonferrous metal ores (Dec. 1983=100) 2/............|  65.8    67.8    68.5     7.0    1.0      1.2     2.7     1.0   
10-23-01   |   Copper base scrap 2/................................| 107.9   112.7   114.6    -3.1    1.7      2.9      .6     1.7   
10-23-02   |   Aluminum base scrap.................................| 152.0   163.8   165.1     1.0     .8      4.9      .9     2.4   
13-21      |   Construction sand, gravel, and crushed stone........| 172.0   173.2   173.2     2.4    0         .1      .6     0     
____________________________________________________________________________________________________________________________________ 
                                                                                                                                     
1/  The indexes for February 2002 have been recalculated to incorporate              2/  Not seasonally adjusted.                    
    late reports and corrections by respondents.  All indexes are subject            3/  Not available.                              
    to revision 4 months after original publication.


Table 3.  Producer price indexes for selected commodity groupings                              
(1982=100 unless otherwise indicated)                                                          
_______________________________________________________________________________________________
         |                                                |                                   |
         |                                                |         Unadjusted index 1/       |
Commodity|                                                |___________________________________|
  code   |                    Grouping                    | Feb. 2002 |  May 2002 | June 2002 |
_________|________________________________________________|___________|___________|___________|
         |                                                |           |           |           |
         | Finished Goods (1967=100)......................|   386.5   |   389.4   |   390.7   |
         | All commodities................................|   128.4   |   131.0   |   131.1   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |            MAJOR COMMODITY GROUPS              |           |           |           |
         |                                                |           |           |           |
         | Farm products and processed foods and feeds....|   125.1   |   122.6   |   122.5   |
01       |   Farm products................................|   101.8   |    96.7   |    96.4   |
02       |   Processed foods and feeds....................|   136.5   |   135.3   |   135.5   |
         |                                                |           |           |           |
         | Industrial commodities.........................|   129.1   |   132.5   |   132.7   |
03       |   Textile products and apparel.................|   119.9   |   119.8   |   120.0   |
04       |   Hides, skins, leather, and related products..|   152.5   |   156.4   |   157.5   |
05       |   Fuels and related products and power.........|    82.5   |    93.9   |    93.8   |
06       |   Chemicals and allied products 2/.............|   147.3   |   150.6   |   151.3   |
07       |   Rubber and plastic products..................|   125.8   |   126.8   |   127.3   |
08       |   Lumber and wood products.....................|   173.0   |   174.5   |   172.8   |
09       |   Pulp, paper, and allied products.............|   184.4   |   184.8   |   185.4   |
10       |   Metals and metal products....................|   124.0   |   125.8   |   126.6   |
11       |   Machinery and equipment......................|   123.3   |   123.4   |   123.3   |
12       |   Furniture and household durables.............|   133.4   |   133.1   |   133.4   |
13       |   Nonmetallic mineral products.................|   145.3   |   145.8   |   145.9   |
14       |   Transportation equipment.....................|   145.8   |   144.4   |   144.2   |
15       |   Miscellaneous products.......................|   181.8   |   182.8   |   183.0   |
         |                                                |           |           |           |
         | Industrial commodities less fuels and related  |           |           |           |
         |   products and power...........................|   142.2   |   142.8   |   143.1   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |             OTHER COMMODITY GROUPINGS          |           |           |           |
         |                                                |           |           |           |
01-1     | Fruits and melons, fresh and dry vegetables,   |           |           |           |
         |   and tree nuts................................|   134.4   |   113.7   |   112.8   |
01-2     | Grains.........................................|    80.9   |    82.8   |    82.1   |
01-3     | Slaughter livestock............................|    96.4   |    90.3   |    86.6   |
01-4     | Slaughter poultry..............................|   119.9   |   120.8   |   128.8   |
01-5     | Plant and animal fibers........................|    56.6   |    52.2   |    58.2   |
01-7     | Chicken eggs...................................|    85.0   |    77.2   |   102.7   |
01-8     | Hay, hayseeds, and oilseeds....................|   102.3   |   110.3   |   113.4   |
01-83    | Oilseeds.......................................|    85.3   |    91.7   |    96.9   |
01-9     | Other farm products............................|   164.4   |  'N.A.'   |  'N.A.'   |
02-1     | Cereal and bakery products.....................|   163.4   |   162.7   |   163.0   |
02-2     | Meats, poultry, and fish.......................|   123.1   |   119.4   |   119.1   |
02-22    | Processed poultry..............................|   114.4   |   113.0   |   112.5   |
02-5     | Sugar and confectionery........................|   140.4   |   141.1   |   142.1   |
02-6     | Beverages and beverage materials...............|   147.9   |   148.0   |   148.4   |
02-63    | Packaged beverage materials....................|   122.6   |   122.2   |   125.6   |
02-7     | Fats and oils..................................|   104.8   |   109.0   |   114.2   |
03-81    | Apparel........................................|   125.7   |   124.5   |   125.1   |
04-4     | Other leather and related products.............|   147.6   |   147.8   |   147.4   |
05-3     | Gas fuels......................................|    77.3   |   121.6   |   115.2   |
05-4     | Electric power.................................|   133.2   |   134.1   |   141.7   |
05-7     | Refined petroleum products.....................|    62.9   |    80.7   |    79.6   |
06-3     | Drugs and pharmaceuticals......................|   264.1   |   265.0   |   265.5   |
06-5     | Agricultural chemicals and products............|   123.2   |   123.2   |   123.6   |
06-7     | Other chemicals and allied products............|   139.7   |   139.0   |   139.8   |
07-1     | Rubber and rubber products.....................|   116.3   |   116.6   |   116.6   |
07-11    | Rubber, except natural rubber..................|   117.2   |   116.7   |   117.1   |
07-13    | Miscellaneous rubber products..................|   139.9   |   140.2   |   140.2   |
07-2     | Plastic products...............................|   133.6   |   134.8   |   135.5   |
08-1     | Lumber.........................................|   171.3   |   172.8   |   168.2   |
09-1     | Pulp, paper, and products, excluding building  |           |           |           |
         |   paper and board..............................|   153.7   |   153.5   |   154.5   |
09-15    | Converted paper and paperboard products........|   163.2   |   162.8   |   163.0   |
10-1     | Iron and steel.................................|   107.7   |   113.1   |   115.3   |
10-2     | Nonferrous metals..............................|   120.0   |   121.1   |   121.7   |
10-25    | Nonferrous mill shapes.........................|   137.9   |   136.7   |   137.6   |
11-3     | Metalworking machinery and equipment...........|   150.4   |   150.1   |   150.0   |
11-4     | General purpose machinery and equipment........|   154.0   |   153.9   |   154.0   |
11-6     | Special industry machinery.....................|   165.5   |   165.5   |   165.2   |
11-7     | Electrical machinery and equipment.............|   116.9   |   117.1   |   117.0   |
11-9     | Miscellaneous machinery and equipment..........|   136.2   |   136.5   |   136.4   |
12-6     | Other household durable goods..................|   157.8   |   158.5   |   158.3   |
13-2     | Concrete ingredients...........................|   160.9   |   161.9   |   162.0   |
14-1     | Motor vehicles and equipment...................|   131.7   |   129.9   |   129.5   |
15-1     | Toys, sporting goods, small arms, etc..........|   134.1   |   134.8   |   133.7   |
15-4     | Photographic equipment and supplies............|   111.9   |   104.5   |   105.4   |
15-9     | Other miscellaneous products...................|   138.8   |   139.1   |   139.6   |
__________________________________________________________|___________|___________|___________|
                                                                                               
1/  Data for February 2002 have been revised to reflect the availability of late reports and   
    corrections by respondents.  All data are subject to revision 4 months after original      
    publication.                                                         
                                                                                               
2/  Prices of some items in this grouping are lagged 1 month. 

                                 

Table 4.  Producer price indexes for the net output of major industry groups, not seasonally adjusted             
__________________________________________________________________________________________________________________
                  |                                              |     |         Index         |  Percent change  
  Industry        |                Industry 1/                   |Index|_______________________|to_June_2002_from:
    code          |                                              |base |       |       |       |        |         
                  |                                              |     |Feb.   |May    |June   |  June  |  May    
                  |                                              |     |2002 2/|2002 2/|2002 2/|  2001  |  2002   
__________________|______________________________________________|_____|_______|_______|_______|________|_________
                  |                                              |     |                                          
                  |Total mining industries...................... |12/84|  78.0   101.7    94.6    -15.7     -7.0  
       10         | Metal mining................................ |12/84|  72.3    73.9    74.4      4.5       .7  
       12         | Coal mining................................. |12/85|  94.5    94.3    94.2      5.1      -.1  
       13         | Oil and gas extraction...................... |12/85|  77.9   114.8   103.6    -17.2     -9.8  
       14         | Mining and quarrying of non-metallic         |     |                                          
                  |  minerals, except fuels..................... |12/84| 143.4   143.5   143.6      1.6       .1  
                  |                                              |     |                                          
                  |Total manufacturing industries............... |12/84| 132.0   133.6   133.6     -1.6    0      
       20         | Food and kindred products................... |12/84| 132.0   131.0   131.2     -1.9       .2  
       21         | Tobacco manufactures........................ |12/84| 391.7   408.0   408.2      4.2    0      
       22         | Textile mill products....................... |12/84| 115.8   115.5   115.8     -1.2       .3  
       23         | Apparel and other finished products made     |     |                                          
                  |  from fabrics and similar materials......... |12/84| 125.1   125.1   125.3      -.4       .2  
       24         | Lumber and wood products, except furniture.. |12/84| 154.8   156.2   155.0     -4.1      -.8  
       25         | Furniture and fixtures...................... |12/84| 145.8   145.9   146.0       .5       .1  
       26         | Paper and allied products................... |12/84| 143.2   142.4   142.7     -2.9       .2  
       27         | Printing, publishing, and allied industries. |12/84| 192.1   192.6   192.9      2.3       .2  
       28         | Chemicals and allied products............... |12/84| 154.3   156.6   156.9     -1.8       .2  
       29         | Petroleum refining and related products..... |12/84|  79.5    99.4    98.9    -14.7      -.5  
       30         | Rubber and miscellaneous plastic products... |12/84| 124.4   125.4   125.9      -.4       .4  
       31         | Leather and leather products................ |12/84| 139.8   140.8   140.9      -.7       .1  
       32         | Stone, clay, glass, and concrete products... |12/84| 136.4   136.9   136.7       .7      -.1  
       33         | Primary metal industries.................... |12/84| 113.7   115.4   116.7       .3      1.1  
       34         | Fabricated metal products, except machinery  |     |                                          
                  |  and transportation equipment............... |12/84| 131.2   131.4   131.6       .4       .2  
       35         | Machinery, except electrical................ |12/84| 117.6   117.6   117.5      -.5      -.1  
       36         | Electrical and electronic machinery,         |     |                                          
                  |  equipment, and supplies.................... |12/84| 106.6   106.3   106.0      -.9      -.3  
       37         | Transportation equipment.................... |12/84| 138.5   137.1   136.9      -.1      -.1  
       38         | Measuring and controlling instruments;       |     |                                          
                  |  photographic, medical, optical goods;       |     |                                          
                  |  watches, clocks............................ |12/84| 128.6   128.2   128.4       .9       .2  
       39         | Miscellaneous manufacturing industries...... |12/85| 133.4   134.0   133.6       .8      -.3  
                  |                                              |     |                                          
                  |Services industries                           |     |                                          
       40         | Railroad transportation..................... |12/96| 106.3   106.3   106.6      2.5      0.3  
       42         | Motor freight transportation and warehousing |06/93| 123.4   123.8   124.3      1.0       .4  
       43         | United States Postal Service................ |06/89| 145.4   145.4   145.4      2.9    0      
       44         | Water transportation........................ |12/92| 128.9   131.5   134.6      4.2      2.4  
       45         | Transportation by air....................... |12/92| 157.1   156.4   156.6      -.6       .1  
       46         | Pipe lines, except natural gas.............. |12/86| 111.3   111.3   111.3      2.1    0      
       54         | Food stores................................. |12/99| 113.4   110.5   112.5      3.2      1.8  
       59         | Miscellaneous retail........................ |06/00| 104.5   101.9   102.0      1.0       .1  
       80         | Health services............................. |12/94| 118.1   118.2   118.4      1.9       .2  
       81         | Legal services.............................. |12/96| 120.7   121.0   121.2      2.9       .2  
__________________________________________________________________________________________________________________
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 February 2002 have been recalculated to incorporate late reports and corrections by respondents.
   All indexes are subject to revision 4 months after original publication.

 

                                      
Table 5.  Producer price indexes by stage of processing, seasonally adjusted
(1982=100)
_____________________________________________________________________________________________________________
                                                       |
                                                       |                      Index 1/   
                                                       |_____________________________________________________
               Grouping                                |        |        |        |        |        |        
                                                       |  Jan.  |  Feb.  |  Mar.  |  Apr.  |  May   |  June
                                                       |  2002  |  2002  |  2002  |  2002  |  2002  |  2002  
_______________________________________________________|________|________|________|________|________|________
                                                       |                                                     
      Finished goods...................................|  137.8    138.1    139.5    139.2    138.6    138.8    
        Finished consumer goods........................|  137.8    138.2    140.1    139.8    139.0    139.2
          Finished consumer foods......................|  141.8    142.9    144.1    139.5    139.2    139.4
            Crude......................................|  138.8    145.9    159.9    115.5    124.0    126.5
            Processed..................................|  142.0    142.5    142.6    141.5    140.4    140.4
          Finished consumer goods, excluding foods.....|  135.9    136.0    138.3    139.5    138.6    138.8
            Nondurable goods less foods................|  135.4    135.3    138.7    140.6    139.3    139.5
            Durable goods..............................|  133.4    133.9    133.7    133.4    133.3    133.6
        Capital equipment..............................|  139.5    139.6    139.5    139.3    139.2    139.4
          Manufacturing industries.....................|  140.3    140.3    140.2    139.9    140.1    140.0
          Nonmanufacturing industries..................|  139.1    139.3    139.1    138.9    138.8    139.1
                                                       |
      Intermediate materials, supplies, and components.|  125.6    125.3    126.9    128.0    127.3    127.6
        Materials and components for manufacturing.....|  124.5    124.6    125.3    125.6    125.6    126.0
          Materials for food manufacturing.............|  122.7    123.2    123.5    122.2    121.2    121.9
          Materials for nondurable manufacturing.......|  125.4    125.4    126.6    128.3    128.1    128.6
          Materials for durable manufacturing..........|  122.5    122.6    123.6    123.6    124.2    124.9
          Components for manufacturing.................|  126.2    126.3    126.5    126.3    126.4    126.4
        Materials and components for construction......|  150.3    150.3    150.4    150.9    151.1    151.2
        Processed fuels and lubricants.................|   90.4     89.3     94.9     99.1     95.7     96.2
          Manufacturing industries ....................|   94.0     93.1     97.1    100.5     98.1     98.0
          Nonmanufacturing industries..................|   88.1     86.9     93.7     98.3     94.3     95.1
        Containers.....................................|  152.6    151.9    151.6    151.2    151.1    151.2
        Supplies.......................................|  138.2    138.1    138.3    138.5    138.4    138.7
          Manufacturing industries.....................|  144.7    144.6    144.3    144.5    144.5    144.6
          Nonmanufacturing industries..................|  135.4    135.3    135.7    135.8    135.7    136.0
            Feeds......................................|   94.6     93.4     94.6     95.0     94.2     95.1
            Other supplies.............................|  140.4    140.3    140.6    140.8    140.7    141.0
                                                       |
      Crude materials for further processing...........|   99.9     98.7    102.1    107.7    109.5    105.6
        Foodstuffs and feedstuffs......................|  101.8    103.6    102.7     96.1     96.5     95.6
        Nonfood materials..............................|   95.0     91.3     98.1    113.3    116.3    110.0
          Nonfood materials except fuel 2/.............|   85.8     89.3     92.9    100.0    106.6     98.9
            Manufacturing 2/...........................|   78.3     81.6     84.9     91.6     97.8     90.6
            Construction...............................|  178.4    177.7    179.4    180.8    181.1    181.4
          Crude fuel 3/................................|  100.5     85.0     96.2    123.3    120.5    117.3
            Manufacturing industries...................|   98.0     83.7     94.3    119.3    116.4    113.4
            Nonmanufacturing industries................|  102.5     86.7     98.0    125.8    123.1    119.7
                                                       |
                     Special groupings                 |
                                                       |
      Finished goods, excluding foods..................|  136.5    136.7    138.1    138.9    138.2    138.5
      Intermediate materials less foods and feeds......|  126.2    126.0    127.6    128.8    128.1    128.4
      Intermediate foods and feeds.....................|  114.1    114.0    114.6    113.8    112.9    113.7
      Crude materials less agricultural products 2/....|   95.5     91.7     99.3    115.0    118.1    111.4
                                                       |
      Finished energy goods............................|   82.9     82.9     88.1     90.3     88.2     88.2
      Finished goods less energy.......................|  147.7    148.1    148.3    147.3    147.2    147.5
      Finished consumer goods less energy..............|  151.2    151.7    152.1    150.7    150.5    150.8
                                                       |
      Finished goods less foods and energy.............|  150.1    150.3    150.2    150.3    150.3    150.6
      Finished consumer goods less foods and energy....|  157.3    157.4    157.3    157.8    157.8    158.2
      Consumer nondurable goods less foods and energy..|  176.4    176.2    176.1    177.4    177.4    177.9
                                                       |
      Intermediate energy goods........................|   90.0     88.9     94.5     98.7     95.5     96.0
      Intermediate materials less energy...............|  133.4    133.3    133.8    134.1    134.1    134.3
      Intermediate materials less foods and energy.....|  134.6    134.6    135.1    135.4    135.4    135.7
                                                       |
      Crude energy materials 2/........................|   82.8     76.9     87.2    106.7    109.1     99.4
      Crude materials less energy......................|  107.7    109.5    108.5    104.9    106.3    106.3
      Crude nonfood materials less energy 3/...........|  125.8    127.7    126.1    130.7    135.2    137.3
____________________________________________________________________________________________________________

  1/  All seasonally adjusted indexes are subject to change up to 5 years after original publication due
      to the recalculation of seasonal factors each January.  The indexes for February 2002 have been
      recalculated to incorporate late reports and corrections by respondents.
  2/  Includes crude petroleum.
  3/  Excludes crude petroleum.


Technical Note



                Brief Explanation of Producer Price Indexes

     The term Producer Price Index (PPI) refers to a family of indexes that
measure the average change over time in the selling prices received by
domestic producers of goods and services.  PPIs measure price change from
the perspective of the seller.  This contrasts with other measures, such as
the Consumer Price Index (CPI); CPIs measure price change from the
purchaser's perspective.  Sellers' and purchasers' prices may differ due to
government subsidies, sales and excise taxes, and distribution costs.

     More than 10,000 PPIs for individual products and groups of products
are released each month.  PPIs are available for the products of virtually
every industry in the mining and manufacturing sectors of the U.S. economy.
New PPIs are gradually being introduced for the products of industries in
the transportation, utilities, trade, finance, and services  sectors of the
economy.

     More than 100,000 price quotations per month are organized into three
sets of producer price indexes: (1) stage-of-processing indexes; (2)
commodity indexes; and (3) indexes for the net output of industries and
their products.  The stage-of-processing structure (tables 1, 2, and 5)
organizes products by class of buyer and degree of fabrication.  The
commodity structure (tables 2 and 3) organizes products by similarity of
end-use or material composition.  The entire output of various industries
is sampled to derive price indexes for the net output of industries and
their products (table 4).

     Within the stage-of-processing system, finished goods are commodities
that will not undergo further processing and are ready for sale to the
final demand user, either an individual consumer or business firm.
Consumer foods include unprocessed foods such as eggs and fresh vegetables,
as well as processed foods such as bakery products and meats.  Other
finished consumer goods include durable goods such as automobiles,
household furniture, and appliances; and nondurable goods such as apparel
and home heating oil.  Capital equipment includes producer durable goods
such as heavy motor trucks, tractors, and machine tools.

     The stage-of-processing category for intermediate materials, supplies,
and components consists partly of commodities that have been processed but
require further processing.  Examples of such semifinished goods include
flour, cotton yarn, steel mill products, and lumber.  The intermediate
goods category also encompasses nondurable physically complete items
purchased by business firms as inputs for their operations.  Examples
include diesel fuel, belts and belting, paper boxes, and fertilizers.

     Crude materials for further processing are products entering the
market for the first time that have not been manufactured or fabricated and
that are not sold directly to consumers.  Crude foodstuffs and feedstuffs
include items such as grains and livestock.  Examples of crude nonfood
materials include raw cotton, crude petroleum, coal, hides and skins, and
iron and steel scrap.

     Producer price indexes for the net output of industries and their
products are grouped according to the Standard Industrial Classification
(SIC).  Industry price indexes are compatible with other economic time
series organized by SIC codes, such as data on employment, wages, and
productivity.  Table 4 lists indexes for the net output of major mining and
manufacturing industry groups at the 2-digit level.

     Producer price indexes are based on selling prices reported by
establishments of all sizes selected by probability sampling, with the
probability of selection proportionate to size.  Individual items and
transaction terms from these firms are also chosen by probability
proportionate to size.  BLS strongly encourages cooperating companies to
supply actual transaction prices at the time of shipment to minimize the
use of list prices.  Prices are normally reported by mail questionnaire for
the Tuesday of the week containing the 13th.

    Price data are provided on a voluntary and confidential basis; no one
but sworn BLS employees are allowed access to individual company price
reports.  The Bureau publishes price indexes instead of unit dollar prices.
All producer price indexes are routinely subject to revision once, 4 months
after original publication, to reflect the availability of late reports and
corrections by respondents.

    The BLS periodically updates the PPI sample of survey respondents to
better reflect current conditions when the structure, membership,
technology, or product mix of an industry shifts significantly and to
spread reporting burden among smaller firms.  Results of these resampling
efforts are incorporated into the PPI every January and July.

    As part of an ongoing effort to expand coverage to sectors of the
economy other than mining and manufacturing, an increasing number of
service sector industries have been introduced into the PPI.  The following
list of recently introduced service industries includes the month in which
an article describing the industry's content appeared in the PPI Detailed
Report:

		                                 PPI Detailed	
        Industry                     SIC     Report Issue	
			
Wireless Telecommunications          4812     July 1999	
Telephone Communications, Except 
   Radio Telephone                   4813     July 1995
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
Life Insurance Carriers              6311     January 1999	
Property and Casualty Insurance      6331     July 1998	
Operators and Lessors of 			
   Nonresidential Buildings          6512     January 1996	
Real Estate Agents and Managers      6531     January 1996	
Prepackaged Software                 7372     January 1998	
Data Processing Services             7374     January 2002	
Home Health Care Services            8082     January 1997	
Legal Services                       8111     January 1997	
Engineering, Design, Analysis,			
   and Consulting Services           8711     January 1997	
Architectural, Design, Analysis, 			
   and Consulting Services           8712     January 1997	
Premiums for Property and Casualty 			
   Insurance                         9331     July 1998	


     Weights for most traditional commodity groupings of the PPI, as well
as all indexes (such as stage-of-processing indexes) calculated from
traditional commodity groupings, currently reflect 1992 values of shipments
as reported in the Census of Manufactures and other sources.  From January
1992 through December 1995, PPI weights were derived from 1987 shipment
values.  Industry indexes shown in table 4 are also now calculated with
1992 net output weights.  This periodic update of the value weights used to
calculate the PPI is done to more accurately reflect changes in production
and marketing patterns in the economy.

     Net output values of shipments are used as weights for industry
indexes. Net output values refer to the value of shipments from
establishments in one industry to establishments classified in another
industry.  However, weights for commodity price indexes are based on gross
shipment values, including shipment values between establishments within
the same industry. As a result, broad commodity grouping indexes such as
the all commodities index are affected by the multiple counting of price
change at successive stages of processing, which can lead to exaggerated or
misleading signals about inflation.  Stage-of-processing indexes partially
correct this defect, but industry indexes consistently correct for this at
all levels of aggregation.  Therefore, industry and stage-of-processing
indexes are more appropriate than broad commodity groupings for economic
analysis of general price trends.

     Effective with publication of January 1988 data, many important PPI
series (including stage-of-processing groupings and most commodity groups
and individual items) were placed on a new reference base, 1982=100.  From
1971 through 1987, the standard reference base for most PPI series was
1967=100. Except for rounding differences, the shift to the new reference
base did not alter any changes to previously published percent changes for
affected PPI series. (See "Calculating Index Changes," below.) The new
reference base is not used for indexes with a base later than December
1981, nor for indexes for the net output of industries and their products.

     For further information on the underlying concepts and methodology of
the Producer Price Index, see chapter 14, "Producer Prices," in BLS
Handbook of Methods (April 1997), Bulletin 2490. Reprints are available
from the Bureau of Labor Statistics on request.

                         Calculating Index Changes

     Each index measures price changes from a reference period which equals
100.0 (1982 or some later month). An increase of 5.5 percent from the
reference period in the Finished Goods Price Index, for example, is shown
as 105.5.  This change can also be expressed in dollars as follows:
"Prices received by domestic producers of a systematic sample of finished
goods have risen from $100 in 1982 to $105.50 today." Likewise, a current
index of 90.0 would indicate that prices received by producers of finished
goods today are 10 percent lower than they were in 1982.

    Movements of price indexes from one month to another are usually
expressed as percent changes rather than as changes in index points because
index point changes are affected by the level of the index in relation to
its base period, whereas percent changes are not.  The example below shows
the computation of index point and percent changes.

     Index point change

     Finished Goods Price Index          107.5
     Less previous index                 104.0
     Equals index point change             3.5

     Index percent change

     Index point change                    3.5
     Divided by the previous index       104.0
     Equals                                0.034
     Result multiplied by 100              0.034 x 100
     Equals percent change                 3.4
                  

                  Seasonally Adjusted and Unadjusted Data

     Because price data are used for different purposes by different
groups, the Bureau of Labor Statistics publishes seasonally adjusted and
unadjusted changes each month.  Seasonally adjusted data are preferred for
analyzing general price trends in the economy because they eliminate the
effect of changes that normally occur at about the same time and in about
the same magnitude every year--such as price movements resulting from
normal weather patterns, regular production and marketing cycles, model
changeovers, seasonal discounts, and holidays.  For these reasons,
seasonally adjusted data more clearly reveal underlying cyclical trends.

     Unadjusted data are of primary interest to users who need information
that can be related to actual dollar values of transactions.  Individuals
requiring this information include marketing specialists, purchasing
agents, budget and cost analysts, contract specialists, and commodity
traders.  It is the unadjusted data that are generally cited in escalating
long-term contracts such as purchasing agreements or real estate leases.
(See Escalation and Producer Price Indexes:  A Guide for Contracting
Parties, BLS Report 807, September 1991, available on request from BLS.)

     For more information, see (1) "Appendix A: Seasonal Adjustment
Methodology at BLS," in the BLS Handbook of Methods (April 1997), Bulletin
2490 and (2) "Summary of  Changes to the PPI's  Seasonal Adjustment
Methodology" in the January 1995 issue of Producer Price Indexes.