Flat Glass prices inch higher: PPI Report

Flat glass prices rose 0.1 percent in October after rising 0.2 percent the month before, according to the latest Producer Price Index (PPI) report issued by the U.S. Labor Department.

According to the report, flat glass prices are up 6 percent from October of last year and 0.3 percent over the last 2 months.
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 127.8.
In another report, import prices for glass and glassware inched up slightly by 0.1 percent for the third month in a row. Prices in that category are up 0.3 percent from October 2014, with an index of 132.1.
Export prices for glass and glassware, meanwhile, stayed flat in October after a dipping 0.1 percent in September. Those prices are up 0.4 percent from this time last year and have an index of 98.8.
Prices of construction materials were up less than 0.1 percent in October following a decrease of 0.2 percent in September. Prices in that category are down 1 percent from October 2014. Final demand for construction was up 1 percent in October after decreasing 0.1 percent the month before, but those prices are up 2.3 percent over last year.
On the whole, the PPI for final demand decreased 0.4 percent in October, seasonally adjusted, after dropping 0.5 percent in September. On an unadjusted basis, the index for final demand fell 1.6 percent for the 12 months ended in October.
Overall prices for U.S. import prices declined 0.5 percent in October, after falling 0.6 percent the previous month. Prices for exports fell 0.2 percent in October, following a 0.6-percent drop in September.