PPI Report: Flat Glass Prices Up Again in July

August 21st, 2015 by Nick St. Denis

Flat glass prices increased 0.9 percent in July, after a jump of 2.8 percent in June, according to the latest Producer Price Index Report (PPI) issued by the U.S. Labor Department.

The PPI program measures the average change over time in the selling prices received by domestic producers for their output, according to the U.S. Bureau of Labor Statistics (BLS). The prices included in the PPI are from the first commercial transaction for many products and some services.

The flat glass index sits at 126.6, and prices are up 5 percent from July 2014.

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According to the most recent Producer Price Index report, flat glass prices have increased in each of the last three months and are up 5 percent over the last year.

In another report, import prices for glass and glassware were stagnant in July, following a 0.2-percent rise in both May and June. Prices in that category are up 0.2 percent from July 2014, with an index of 129.8.

Export prices for glass and glassware, meanwhile, increased 0.1 percent in July after staying flat in June. Those prices are up 0.4 percent from this time last year and have an index of 99.1.

Prices of construction materials are up 0.3 percent in July after a slight dip of 0.2 percent in June. Prices in that category are up 0.1 percent from July 2014. Final demand for construction increased 0.5 percent. Those prices are up 2 percent from a year ago.

On the whole, the PPI for final demand increased 0.2 percent in July, seasonally adjusted, following a 0.4 rise in June. On an unadjusted basis, the index for final demand decreased 0.8 percent for the 12 months ended in July—the sixth straight 12-month decline.

Overall prices for U.S. imports fell 0.9 percent in July after recording no change the previous month. Export prices dropped 0.2 percent in July after dipping 0.3 percent in June.

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