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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dpl who wrote (21360)	1/14/2005 8:48:39 AM
From: mishedlo	Respond to of 116555

U.S. Dec. PPI down 0.7%, up 4.1% in all of 2004 By Greg Robb WASHINGTON (CBS.MW) - U.S. prices of raw materials and other producers' inputs fell 0.7 percent in December, the Labor Department reported Friday. Energy prices had their largest monthly drop since April 2003. Excluding food and energy costs, the core PPI rose 0.1 percent. The decline in the overall PPI was larger than expected. Economists were expecting producer prices to fall 0.1 percent and the core rate to rise 0.2 percent. Over the past year, the PPI has risen 4.1 percent and the core rate is up 2.2 percent.