Tag Archive for ‘ppi’

Residential Building Material Prices Show Modest Decline in November, But Pressure is Building for Sharp Increase in the New Year

Producer prices bounced back in November after easing the previous month. The Bureau of Labor Statistics reported the producer price index for finished goods (PPI) advanced 0.3%, seasonally adjusted, in November on the back of a jump in food prices. Modest changes were observed for the energy and core indexes as both recorded a 0.1% increase. The finished goods index… Read More ›

Sharp Rise in Gypsum Prices Likely in New Year

Gypsum production is heavily dependent on construction industries. Approximately 90% of gypsum is used in the manufacture of wallboard for residential and non-residential building applications. A further 5% is used as an additive in cement production. The steep decline in the residential and non-residential building sectors over the past five years has greatly affected gypsum demand. Consumption of gypsum fell… Read More ›

Producer Price Index Returns to Upward Growth Path

Producer prices resumed their upward growth path in July. Although there was a further decline in energy prices, it was not enough to offset rising food and core producer prices. The Bureau of Labor Statistics reported that the PPI for finished goods increased 0.2% (SA) on a month-to-month basis in July, with the food index rising 0.6% and the core… Read More ›