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Strategies & Market Trends : Galapagos Islands

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To: Oral Roberts who wrote (52083)	5/13/2004 8:36:32 AM
From: MulhollandDrive	Read Replies (2) of 57110

8:31am 05/13/04 U.S. April PPI jumps 0.7%, core rate up 0.2% By Corbett B. Daly WASHINGTON (CBS.MW) -- Wholesale food and energy prices jumped in April, driving the U.S. producer price index up a higher-than-expected 0.7 percent, the Labor Department estimated Thursday. Core producer prices for finished goods (excluding food and energy goods) rose 0.2 percent, in line with expectations. Economists surveyed by CBS MarketWatch had predicted a 0.3 percent rise in the overall PPI and a 0.2 percent rise in core prices. In March, the PPI rose an unrevised 0.5 percent, while the core PPI rose an unrevised 0.2 percent. Over the past year, the PPI has risen 3.7 percent, while the core PPI has risen 1.5 percent in the past year.

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