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To: GST who wrote (159795)1/9/2004 10:11:38 AM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Here's what import prices have been doing over the last
year or two, GST. Show me the inflation.

Percent changes in import price indexes
-not seasonally adjusted-

IMPORTS
Month All Petroleum Non-petroleum
Imports Imports Imports
2002
November -0.9 -8.2 -0.1
December 0.6 5.6 0.2
2003
January 1.8 14.6 0.3
February 1.7 11.3 0.3
March 0.6 -1.1 1.0
April -3.1 -18.8 -1.0
May -0.7 -5.0 -0.2
June 0.9 5.4 0.4
July 0.5 5.2 0.0
August 0.0 1.8 -0.3
September -0.5 r -5.9 r 0.2
October 0.0 r 1.4 r -0.1
November 0.4 1.1 0.3

Nov 01-02 2.5 39.5 -0.3
Nov 02-03 2.1 11.9 1.1

bls.gov;

Oh, you might also be interested in knowing that US export
prices (all) grew by 1.2% over the latest 3 months reported
(1.8% ttm) and agricultural export prices rose by 12.8%
over the trailing 12 months after gaining 9.6% the year
before, all while the dollar was experiencing its "first demise".

PS: You still haven't explained how a trade deficit
equates to indebtedness.



To: GST who wrote (159795)1/9/2004 3:02:37 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
we can't really call this environment stagflation because we have a net loss of jobs. It is similar to stagflation though, or it feels that way to me.



To: GST who wrote (159795)1/26/2004 9:22:44 PM
From: Cyprian  Respond to of 164684
 
>> On the contrary -- commodity prices of all kinds have been moving up and oil is simply the most important one -- <<

shh...don't tell tell victor. we don't want to embarrass him!