Food, Energy Lead PPI Declines

The Producer Price Index for Finished Goods fell almost 1% between July 2008 and July 2009, led by a 29.7% decline for energy goods and a 4.2% decline in prices for consumer foods, according to the U.S. Bureau of Labor Statistics. By contrast, the index for goods other than food and energy rose 2.6%. Many key perishables categories experienced steep declines on the index during the past

WASHINGTON — The Producer Price Index for Finished Goods fell almost 1% between July 2008 and July 2009, led by a 29.7% decline for energy goods and a 4.2% decline in prices for consumer foods, according to the U.S. Bureau of Labor Statistics. By contrast, the index for goods other than food and energy rose 2.6%.

Many key perishables categories experienced steep declines on the index during the past year, with dairy products falling almost 20%, eggs declining 16.5%, beef, veal

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