Issue Date: June 18, 2007
Chemical Prices Jump In May
Prices for U.S. chemicals took a leap in May, according to Labor Department data. The numbers show the producer price index for all chemicals rose 1.3% from April and 3.7% from May last year to 213.3 (1982 = 100). The increase was helped by a strong price rise for industrial chemicals. The May index for this sector came in at 223.7, up 3.1% from April and 5.2% from May 2006.
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