SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Justa Werkenstiff who wrote (10365)12/10/1999 8:58:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
Nov. PPI as expected -core rate even slightly better than expected/EDITs:

(Bond market, which has been flat this week, should like it. Stock markets should love it!!!!!!!!!!!). Beware a further meltup>>>>

CNNFN summary:

cnnfn.com

-

Bloomberg details:

bloomberg.com

-
Some excerpts:

>..U.S. producer prices outside of food and energy were unchanged in November, restrained by declines in light truck and computer costs..<

>..The costs of materials used in the earlier stages of production rose last month.

While oil companies are able to pass on higher crude oil costs by raising gasoline prices at the pump, other companies find it difficult.

Higher oil prices have ''increased the overall inflation rate, and some of that will spill over into the overall economy,'' said Chicago Federal Reserve Bank President Michael Moskow in a speech Wednesday. ''But when you look at the overall inflation situation, you look at all the numbers together, I think you still have to say we have low inflation.''

That's because ''few manufacturers have been able to increase prices and only one in eight of the manufacturers polled anticipate being able to increase prices in the coming three months,'' said David Kresge, chief economist for Dun & Bradstreet Corp. in Murray Hill, New Jersey. Dun & Bradstreet's November survey of 1,000 manufacturers rose for a third straight month.

For the year to date, the core index has risen at a 0.8 percent rate this year compared with a increase of 1.5 percent through November 1998. The overall producer price index has risen at a 2.9 percent annual rate compared with a decline of 0.6 percent for the first 11 months of 1998, the Labor Department said...<
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News