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To: redfish who wrote (291005)7/15/2004 8:04:54 AM
From: redfish  Respond to of 436258
 
NOK down 18% this morning.
It's a serial bed crapper.



To: redfish who wrote (291005)7/15/2004 8:33:54 AM
From: redfish  Respond to of 436258
 
U.S. June producer price index falls 0.3% By Rex Nutting
WASHINGTON (CBS.MW) - U.S. wholesale prices fell 0.3 percent in June as food and energy prices retreated, the Labor Department said Thursday. Economists had expected a 0.2 percent gain in the producer price index. The core PPI - which excludes food and energy goods -- rose 0.2 percent, as expected. Energy prices at the wholesale level tumbled 1.6 percent in June after rising 1.6 percent in April and May. Food prices dropped 0.6 percent in June. Auto prices increased 1.1 percent for the second month in a row. Prices of intermediate goods destined for further processing rose 0.5 percent in June after a 1.1 percent increase in May. The core intermediate rate increased 0.5 percent in June, bringing the 12-month gain to 5.8 percent, the highest in nine years. Prices of crude goods rose 1.6 percent in June.