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Politics : Idea Of The Day

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To: Lee who wrote (26968)	6/11/1999 8:50:00 AM
From: Lee	Read Replies (1) of 50167

PPI and Retail Sales for May 1999 PPI for May = +0.2% Core rate = +0.1% stats.bls.gov The Producer Price Index for Crude Materials for Further Processing advanced 5.5 percent in May, seasonally adjusted, following a 1.3-percent increase in April. The May increase represents the largest monthly increase since a 6.1-percent rise in December 1996. Prices for basic industrial materials turned up 2.3 percent in May, following a 1.1-percent decline in April. The carbon steel scrap index increased 8.4 percent, after rising 0.3 percent in the previous month. AG watches scrap metal prices. <g> Retail Sales for May = +1.0% census.gov The Census Bureau of the Department of Commerce announced today that advance estimates of U.S. retail sales for May adjusted for seasonal, holiday, and trading-day differences, but not for price changes, were $242.2 billion, an increase of 1.0 percent (±0.7%) from the previous month and up 7.8 percent (±0.9%) from May 1998.

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