Flat Glass prices up over year, steady in February: PPI Report

Flat glass prices were unchanged in February following a relatively significant 1.1-percent increase in the first month of the year, according to the latest Producer Price Index (PPI) report.

The flat glass index sits at 130.3 percent and is up 6.6 percent from February 2015.
Final demand for construction was down 0.1 percent for the month following a 0.4-percent drop in January. However, it is up a full percentage point compared to this time last year.
Materials for construction saw a 0.2-percent decrease following a 0.4-percent increase in January. Those prices are down 0.7 percent from a year ago.
Prices for construction machinery equipment dipped by 0.1 percent for the second straight month but are up 0.8 percent from February 2015.
The PPI program, according to the U.S. Bureau of Labor Statistics (BLS), measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
In another report, import prices for glass and glassware edged up 0.1 percent after a 1.5-percent decrease over the previous two months. Export prices in that category were unchanged in February, following a slight 0.1-percent increase in January.
Overall, the PPI for final demand in the U.S. fell 0.2 percent in February, seasonally adjusted. Final demand prices advanced 0.1 percent in January and declined 0.2 percent in December. On an unadjusted basis, the final demand index was unchanged for the 12 months ended in February.
U.S. import prices fell 0.3 percent in February following a 1.0-percent drop in January. The February decrease was mostly led by declining fuel prices. The price index for U.S. exports decreased 0.4 percent in February after falling 0.8 percent the previous month.