Prices for final demand goods moved up 0.7%, the third increase in the past ten months. Approximately one third of the increase was due to a rise in gasoline prices which advanced 6.6%. Excluding food and energy, prices for final demand goods increased by 0.3%.
The index for final demand services rose 0.2% after moving up 0.1% in April. Most of the increase was due to margins for final demand trade services which advanced 1.2%. In contrast, prices for final demand services excluding trade, transportation and warehousing fell 0.2%. Prices for final demand transportation and warehousing services fell 0.6%.
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