Energy prices fell 0.7% compared with June, while prices of durable goods and capital goods increased 0.4% and 0.3% respectively. Prices of intermediate goods inched 0.2% higher in July.
Compared with July 2003, average industrial prices were up 0.5%, on the back of higher prices in most sectors, the data showed.
Prices of both consumer goods and durable goods rose 1.4% on the year in July. Capital good prices and energy prices went up 0.8%, but intermediate goods were by 1% less expensive compared with July 2013.