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Industrial product and raw materials price indexes, May 2013
The Industrial Product Price Index (IPPI) was unchanged from April. Higher prices for petroleum and coal products offset declines for primary metal products and lumber and other wood products. The Raw Materials Price Index (RMPI) rose 0.2% in May, mostly as a result of higher prices for animals and animal products. The IPPI remained at the same level in May, after falling 0.9% in April. Of the 21 major product groups, 7 were up, 8 were down and 6 were unchanged. Petroleum and coal products (+1.1%) posted the largest gain, following two consecutive declines. The increase was mainly a result of higher prices for ... (full story)