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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?


To: VeloSpeed who wrote (1797)8/13/1999 10:40:00 AM
From: VeloSpeed  Read Replies (2) | Respond to of 2419
 


PPI subdued
Prices up less than feared
Benign U.S. inflation data as food prices fall

By William L. Watts, CBS MarketWatch
Last Update: 9:13 AM ET Aug 13, 1999 NewsWatch
Bond Report

Wholesale price inflation remained under wraps in July, with falling food prices tempering an acceleration in energy prices, the Labor Department reported Friday.

The July Producer Price Index for finished goods rose 0.2 percent, bouncing back from a 0.1 percent decline in June. The crucial core PPI reading, which excludes the volatile food and energy sectors, was unchanged following a 0.2 percent decline in June.


Great time to launch usabanc.com

-VeloSpeed