Flat Glass Prices Fall 0.4 Percent, According to Latest Producer Price Index Report
September 18, 2012

by Kaitlan Mitchell, kmitchell@glass.com

Flat glass prices fell 0.4 percent from July to August, according to the monthly Producer Price Index Report issued by the U.S. Labor Department.

Prior to this month, flat glass prices began to steadily increase after the 0.1 flat line of May to June. Prices continued to grow from June to July at a 0.5 percent rate, according to the report.

While flat glass prices decreased, the cost of components and materials for construction increased at a rate of 0.2 percent from July to August. In comparison, the previous month's cost of construction was -0.1 percent from June to July.

The import price for glass and glassware rose 0.7 percent in August, according to the U.S. Import and Export Price Indexes. The August rate is the first monthly increase since March. The prior four months held a decline of 4.4 percent. The August export prices also increased at 0.9 percent. This rate preceded a 0.4 percent rise for the month of July, the report says.

This story is an original story by USGlass magazine/USGNN™. Subscribe to USGlass magazine.
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