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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (9779)11/10/1999 8:37:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
Re: PPI -Producer prices dip(but core up)- Edits/Beware of
irrational exuberance....

8:32 a ET
Wholesale prices fell 0.1 percent in
October, the government said
Wednesday, below the 0.1 percent
increase forecast by economists and
September's jump of 1.1 percent.

cnnfn.com

Headlines:

08:35 PPI CAR PRICES UP 1.1%, TRUCK PRICES UP 0.8%

08:35 PPI CORE EXCLUDING VEHICLES UP 0.1%

08:35 PPI CRUDE GOODS PRICES FALL 1.6%

08:35 PPI INTERMEDIATE GOODS PRICES UP 0.3%

08:34 PPI UP 2.7% IN PAST 12 MONTHS

08:34 PPI CORE MORE THAN EXPECTED 0.1% GAIN

08:34 PPI HEADLINE LESS THAN EXPECTED 0.1% GAIN
-

usatoday.com

Negative excerpt:

"..core rate of inflation at the wholesale level rose 0.3% in
October, above the 0.1% increase analysts were expecting in the
core rate. In September, the core rate grew by a sharp 0.8%..."
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