RJS, MarketWatch 666
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Summary: Producer Prices Rose 0.8% in May; Record Annual Increase of 16.6% for Final Demand Goods
The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.8% in May, as average prices for finished wholesale goods rose by 1.4% while final demand for services was 0.4% higher. The increase followed a revised 0.4% increase in April, when average prices for finished wholesale goods rose by 1.3% while final demand for services was 0.2% lower. Also following a revised 1.6% increase in March, when average prices for finished wholesale goods rose by 2.4% and final demand for services rose 1.2% and a revised 1.1% increase in February, when average prices for finished wholesale goods rose by 2.2%. Margins
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