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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (7716)8/13/1999 8:38:00 AM
From: Wally Mastroly  Read Replies (2) of 15132
 
* PPI * - PPI up less than forecast:



8:31 a ET
Wholesale prices rose 0.2 percent in
July, the government said Friday, below
the 0.3 percent rise forecast by
analysts. The Producer Price Index
declined 0.1 percent in June.


cnnfn.com

-
Some Details:

bloomberg.com

-
Some excerpts:

* ..lower prices for food, autos and computers offset higher energy prices...

* ..however,...Prescription drug prices rose 0.9 percent....

* ..Producer energy prices rose 3.4 percent, reflecting the largest increase in home heating oil costs since the Persian Gulf crisis in August 1990...

* ..The same conundrum (note - this is not a birth control device) showed Wednesday in the Fed's latest regional report card on the economy...................................................
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