PPI Report: glass prices without changes in July

The recent PPI report showed very few changes in flat glass prices in July compared to the previous month of June.

According to the recent report from PPI, released by the Bureau of Labor Statistics, flat glass prices increased very slightly in July, up 0.1% after a 1% increase over the previous two months. Material prices are up 4.8% compared to July 2015, the lowest year-over-year increase since September 2015.

July’s flat glass index represented its fifth month-over-month increase in 2016. The current index sits at 132.3.

Final demand for construction dropped 0.6% in July, but its index is still up 0.8% compared to a year ago.

Construction materials prices increased 0.4% compared to 0.2% the previous month. Those prices are up 1% from July 2015.

Prices for construction machinery and equipment were unchanged for the second straight month in July and have increased 0.9% from a year ago.

In another report, import prices for glass and glassware decreased 0.1% and are up 0.2% compared to 2015. Export prices in that category stayed flat for the month but are up 0.8% from July 2015.

Overall, the PPI for final demand in the US decreased 0.4% in July. Final demand prices rose 0.5% in June. On an unadjusted basis, the final demand index dropped 0.2% for the 12 months ended in July.

The price index for US imports rose 0.1% in July after a 0.6% increase in June. US export prices increased 0.2% in July after a 2.4% advance the previous three month period.