Flat glass prices dipped 1.1% in April, following a 0.8-percent increase in March, according to the latest Producer Price Index Report (PPI) issued by the US Labor Department.
The PPI program measures the average change over time in the selling prices received by domestic producers for their output, according to the US Bureau of Labor Statistics (BLS). The prices included in the PPI are from the first commercial transaction for many products and some services.
The flat glass index sits at 122.0, and prices are up 1.2% from April 2014.
In another report, import prices for glass and glassware decreased 0.2% in April after a 0.3-percent drop the month before. Import prices are down 1.2% from a year ago.
Export prices for glass and glassware dipped 0.3% following a stagnant March but are up 1.0% from this time last year.
Prices of materials for construction saw an increase of 0.4% after dropping by that same rate in March. Prices in that category are up 1.2% from April 2014. Final demand for construction rose by 0.1% for the third straight month. Those prices are up 1.7% from a year ago.
On the whole, the PPI for final demand fell 0.4% in April, seasonally adjusted, after a 0.2-percent increase in March and a 0.5% drop in February. On an unadjusted basis, the index for final demand decreased 1.3% for the 12 months ended in April.
Overall prices for US imports fell 0.3% in April after dipping 0.2% in March. Export prices fell 0.7% in April, after increasing 0.1% in the previous month.