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Business
Prices Still on the Rise
July 5, 2004
| A version of this story appeared in
Volume 82, Issue 27
U .S. chemical prices continued to climb in May, according to data from the Labor Department, marking the sixth straight month-to-month increase. The producer price index for chemicals and allied products was 170.5 (1982 = 100) in May, up 0.5% from April. The May 2004 index was 5.2% ahead of May of last year. Industrial chemicals did even better, increasing 0.7% from April and 9.7% from May 2003 to an index of 154.3.
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