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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Knighty Tin who wrote (9216)7/14/2004 9:38:10 AM
From: mishedlo   of 116555
 
WASHINGTON (CBS.MW) -- U.S. import prices fell for the first time in nine months in June, slipping 0.2 percent after rising 1.4 percent in May, the Labor Department reported Wednesday. Imported oil prices fell 1 percent. Excluding petroleum, import prices were unchanged after seven months of higher prices. Export prices sank 0.6 percent in June as prices received for agricultural goods plunged 4.3 percent. Prices of imported capital goods and imported industrial supplies each fell 0.1 percent in June. Imported auto prices rose 0.2 percent. Prices of Japanese imports fell 0.2 percent, in line with the recent strengthening of the dollar against the yen. Prices of Canadian and European imports were unchanged.
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