The Industrial Product Price Index (IPPI) declined 0.5% in October, mainly as a result of lower prices for motorized and recreational vehicles. The Raw Materials Price Index (RMPI) increased 0.4%, led by higher prices for crude energy products. Chart 1 Chart 1: Prices for industrial goods decrease Prices for industrial goods decrease Chart 1: Prices for industrial goods decrease Industrial Product Price Index, monthly change The IPPI declined for the third consecutive month, falling 0.5% in October. Among the 21 major commodity groups, 2 were up, 18 were down and 1 was unchanged. The decline in the IPPI in October ... (full story)