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Apparel & floor coverings PPI up in Nov

Dec '05
The United States Department of Labor released the Producer Price Indexes (PPI) of November 2005.

The Producer Price Index for Finished Goods declined 0.7 percent in November, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Prices for finished energy goods decreased 4.0 percent in November, following a 4.1-percent gain in the previous month. Leading this downturn, the residential natural gas index fell 0.5 percent, after rising 12.7 percent in October.

Prices for apparel and floor coverings turned up, after falling in October. The index for household furniture rose, after showing no change in the previous month. By contrast, prices for alcoholic beverages turned down 0.3 percent in November, after increasing 0.3 percent a month earlier.

The textile housefurnishings index also declined, following a gain in the preceding month, while prices for book publishing and mobile homes rose less than they had in October.

The Producer Price Index for Intermediate Materials, Supplies, and Components decreased 1.2 percent in November, following a 3.0-percent increase in October. This reversal primarily can be attributed to prices for intermediate energy goods, which fell in November after rising in the preceding month.

The index for materials for nondurable manufacturing decreased 0.9 percent in November, following a 2.8-percent gain in October. Prices for primary basic organic chemicalsmoved down 10.3 percent, after increasing 7.7 percent in the prior month.

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