Revision to four PPI commodity indexes for January 2004 Jewelry Portal BR

Revision to four PPI commodity indexes for January 2004

The March 18, 2004 release of Producer Price Index (PPI) data for January 2004 contained erroneous January index levels for four commodity index series: All commodities, farm products and processed foods and feeds, industrial commodities, and all commodities except farm products. These index series appear in table 3 of the PPI news release and in tables 6 and 8 of the PPI Detailed Report. They also are available on the BLS Web site.

The error in calculating January index levels was made in a step that is unique to these four series. The correct preliminary values for January 2004 are 141.0 for all commodities, 136.4 for farm products and processed foods and feeds, 141.9 for industrial commodities, and 142.6 for all commodities except farm products. The published index values for all series other than the four listed above, and for all months other than January 2004, were not affected.(Continue Reading)

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Table 5. Producer price indexes for the net output of selected industries and their products, not seasonally adjusted
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