2024 Updated PPI Table 9 Category Name File Released
LIFOPro has completed the annual updates to the Excel file used by LIFOPro clients for populating BLS PPI Table 9 category names via VLOOKUP formulas in their inventory detail files. LIFOPro clients should use the email received containing the Complete Table 9 PPI Category Name file download link to obtain the updated file (feel free […]
View full articleInternal Index Module Specs & Features
Internal Index Module Specs & Features for LIFOPro Software Users The LIFOPro software Internal Index Module (iiModule) is an invaluable resource for American companies and CPA firms. Software users don’t need to worry about common LIFO errors and inefficiencies that plague most manual calculations. The resources listed below are intended to highlight and explain the […]
View full articleSeptember PPI Release Highlights
The Bureau of Labor Statistics (BLS) released September Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 0.2% in the last month and decreased 1.1% in the last twelve months Processed foods + feeds rose 0.8% from August and increased 1.7% since September 2023 Textile […]
View full articleSeptember 2024 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released September 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.2% in the last month and increased 2.4% in the last twelve months Food at home increased 0.4% from August and rose 1.3% since September 2023 […]
View full articleAugust PPI Release Highlights
The Bureau of Labor Statistics (BLS) released August Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 3.3% in the last month and decreased 0.6% in the last twelve months Processed foods + feeds decreased 0.2% from July and increased 1.8% since August 2023 Textile […]
View full articleAugust 2024 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released August 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.1% in the last month and increased 2.5% in the last twelve months Food at home decreased 0.1% from July and rose 0.9% since August 2023 […]
View full articleLIFOPro Software Internal Index Module
Internal Index LIFO Calculations with LIFOPro Software Managing LIFO (Last In, First Out) inventory accounting can be complex and time-consuming, especially when the process is completed manually using spreadsheets. LIFO accuracy is critical because errors can lead to significant deficiencies and material weaknesses in financial reporting. With this blog, I am excited to highlight a […]
View full articleJuly 2024 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released July 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.1% in the last month and increased 2.9% in the last twelve months Food at home increased 0.3% from June and rose 1.1% since July 2023 […]
View full articleJuly 2024 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released July 2024 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 1.2% in the last month and decreased 1.7% in the last twelve months Processed foods + feeds rose 0.7% from June and increased 2.2% since July 2023 […]
View full articleJune 2024 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released June Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products rose 1.6% in the last month and decreased 3.3% in the last twelve months Processed foods + feeds fell 0.1% from May and increased 1.8% since June 2023 Textile […]
View full articleJune 2024 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released June 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items saw no change in the last month and increased 3.0% in the last twelve months Food at home also saw no change from May and rose 1.1% […]
View full articleMay 2024 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released May Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 0.1% in the last month and decreased 9.0% in the last twelve months Processed foods + feeds rose 0.3% from April and increased 0.8% since May 2023 Textile […]
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