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To: goldsnow who wrote (42469)	10/8/1999 2:06:00 PM
From: Alex	Respond to of 116764

Cibcr Says Sep Inflation Index Rise Highest Since Mid-1995 <Picture> Oct. 8-MAR-- [B] CIBCR says Sep inflation index rise highest since mid-1995 By Bridge News New York--Oct 8--The September leading inflation index compiled by the Foundation for International Business and Economic Research (FIBER) rose to the highest level since mid-1995, according to a press release. * * * The index rose to 108.9 in September, compared with 106.9 in August. (Story .4863) Among the components which pushed up the inflation index in September were the jump in the National Association of Purchasing Management's prices and vendor delivery diffusion indexes, the release said. Both indexes rose to their highest level in more than 4 years. Also, the smoothed annualized growth rate in the Journal of Commerce index of industrial materials prices continued to surge in September from declining negatives in the first half of the year. The only component that remained unchanged was the ratio of civilian employment to working population. The smoothed growth rate of the index was 6.7% in September, compared with "near zero" late last year, said the release. FIBER licenses the products of Columbia University's Center for International Business Cycle Research. End By Bridge News, Tel. (212) 372-7530 Send comments to Internet address debt@bridge.com The Bridge ID for this story is ZXJYMW (c) Copyright 1999 FWN futuresource.com