Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (40376)	2/15/2000 6:29:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

More of the same spin - Market goes down then why not revise the PPI. Pay attention they exclude petrolium US Dec PPI revised to +0.1 pct from +0.3 pct WASHINGTON, Feb 15 (Reuters) - The Department of Labor on Tuesday revised its December Producer Price Index (PPI) to a 0.1 percent increase from a previously reported 0.3 percent rise. The department revised the index, which measures inflation at the wholesale level, for the period 1995-1999 to reflect added seasonal factors for 2000 and recalculated seasonal factors for 1995-1999 to the commodity indices. Seasonal adjustment factors were also recalculated for 1995-1999 stage-of-processing indices, Labor said. "Each year with the release of PPI data for January, seasonal adjustment factors are recalculated to reflect price movements from the just-completed calendar year," the department said in a statement. The January report, scheduled for release Feb. 17, will reflect the changes. The added factors did little to change the major components of December PPI although some subcomponents may be revised in the next report. Following are key components of the December Producer Price Index, with comparisons of figures following the revisions and prior to them (percent changes seasonally adjusted): Dec (Prev) Finished Goods 0.1 0.3 Less Food, Energy 0.1 0.1 Intermediate Goods 0.2 0.2 Less Food, Energy 0.2 0.2 Crude Goods -3.9 -3.9 Less Food, Energy (Y) 2.0 1.8 Y-excludes crude petroleum ((Washington newsroom, +1 202 898-8310, fax +1 202 898-8383, washington.economic.newsroom@reuters.com)