Flat Glass Prices Edge Up, According to Latest Producer Price Index Report

Flat glass prices saw a slight increase—just 0.3 percent—from January to February, according to the latest Producer Price Index Report from the U.S. Labor Department.

The index was listed at 116.1 for February, compared with 115.7 for January.

Meanwhile, the price of construction materials also is on the rise—up 0.3 percent from January to February, according to the report. The index was listed at 221.2 for January and 221.9 for February. This rise follows a 0.3-percent increase from November to December and a 0.1-percent increase from October to November.

The PPI is a family of indices that measure the average change over time in the prices received by domestic producers of goods and services, according to the BLS.

“PPIs measure price change from the perspective of the seller,” writes BLS in its description of the PPI.

The PPI echoes the latest import report from the BLS, which showed a 0.7-percent rise in import prices for glass and glassware from December to January, along with reported increases from glass suppliers.

Meanwhile, the import price for glass and glassware dropped 0.9 percent from January to February, according to the February Import and Export Price Indexes. The export price for the same remained stable with no changes from January to February.

Glass and glassware includes float glass, safety glass, lab glass and a range of other glass products, according to information from the International Price Program office in Washington, D.C.

Import/Export Price Changes for Glass and Glassware

January 2013 to February 2013

Imports

-0.9   percent

Exports

0.0   percent

Source: U.S. Department of Labor   (DOL) Bureau of Labor Statistics
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