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Politics : Idea Of The Day
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To: Lee who wrote (28755)9/10/1999 8:54:00 AM
From: Lee  Read Replies (1) of 50167
 
Not sure why the bond market is happy. Is anybody worried about the numbers below or were we starting from such low values that these numbers are just 'back to normal'?

Finished Goods
For the first eight months of 1999, the Producer Price Index for
Finished Goods increased at a 2.3-percent seasonally adjusted annual rate (SAAR), after registering no change during all of 1998.

Intermediate Goods
During the first eight months of 1999, prices for intermediate goods rose at a 4.0-percent SAAR, following a 3.3-percent decrease in 1998.

Crude Goods
The Producer Price Index for Crude Materials for Further Processing
rose 4.6 percent in August, seasonally adjusted, following a 0.2-percent decline in July. This index advanced at an 18.6-percent SAAR during the first eight months of 1999, after falling 16.7 percent during 1998.

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