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Rochester
1214 North Main Street
Rochester, MI 48307
(248) 601-9500
Lapeer
951 S. Main Street, Suite 3
Lapeer, MI 48446
(810) 664-4470
PRODUCER PRICES UP
The Producer Price Index for final demand increased 1.7% for the year ended July 2019. While liquefied petroleum gas and egg prices declined 58.2% and 53.5%, respectively, producers’ cost of fresh and dry vegetables rose 43.3% year over year. Producer prices can indicate potential future inflation if producers pass their cost increases to consumers.
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