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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (1182)10/18/2005 2:15:01 PM
From: elmatador  Read Replies (1) of 217578
 
"lots of records will be broken in the future" Producer price inflation at 15-year high

U.S. producer prices shot up by an unexpectedly large 1.9 percent last month, the biggest gain in more than 15 years, as energy costs surged in the wake of hurricanes that devastated the U.S. Gulf Coast, a government report showed on Tuesday.

However, outside of volatile food and energy costs, prices received by farms, factories and refineries rose a relatively subdued 0.3 percent, the Labor Department said.


Separately, the Treasury Department said net flows of capital into U.S. assets swelled to $91.3 billion in August. It was the largest inflow in 16 months and suggested the United States was having little trouble finding the overseas capital it needs to balance its books.

washingtonpost.com
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