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Macroeconomics  |  August 15, 2012 08:55:00

U.S. Industrial producer prices in July rose by 0.3 pct


Industrial producer prices U.S. seasonally adjusted month on month in July rose by 0.3% after increasing by 0.1% in June, the Labor Department reported. The increase in prices of consumer goods, capital goods and goods offset a decrease in energy and intermediate goods. In comparison to growth of output prices (before adjustment) slowed from 0.7% to 0.5%, the lowest level since October 2009. Analysts expected monthly price increase of 0.2% and 0.5% year on year change.

Food prices are the same as in June increased by 0.5%. Especially more expensive production prices of beef and veal, pork, vegetable oils, soft drinks, eggs and dairy products. Prices have fallen fruits, vegetables, poultry, fish and coffee. Prices of bread flat. Capital goods prices rose for the second month by 0.2%. Prices of intermediate goods decreased by 0.9% and remained in continuous decline in the fourth month. Energy prices fell for the fifth month in a row, down by 0.4% but was mildest in the period.Cheaper production prices especially gasoline and heating oil, reversing the trend seen natural gas and electricity.

Industrial producer prices excluding energy and food rose in July by 0.4%, faster than 0.2% in June. Influenced by higher prices of light commercial vehicles, pharmaceuticals, tobacco, textiles, shoes and silver. In comparison to the core price growth slowed to 2.5% from 2.6% in June.



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Ceny průmyslových výrobců USA se v červenci zvýšily o 0,3 pct

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