TITLE

January PPI Up 0.3%; Core Rate Soars 0.8%

AUTHOR(S)
Ferris, Craig T
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/22/2005, Vol. 351 Issue 32075, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the overall producer price index rose 0.3% in January, 2005 in the U.S. According to the U.S. Labor Department data released Friday, The core rate, which excludes foods and energy, rose 0.8% following a revised 0.2% gain in December 2004, first reported as a 0.1 % rise, and was well above the 0.1 % gain projected by economists surveyed by IFR BondData Americas. Wholesale prices of intermediate goods rose 0.4%, following a revised 0.1% decline in December, first reported as a 0.3% drop. . Meanwhile, prices of crude goods fell 2.0% in January, after a revised 3.0% drop in December, first reported as a 2.9% decline.
ACCESSION #
16212997

 

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