Tuesday, July 17, 2007
commentary on PPI
--The 0.2 percent fall followed a 0.9 percent increase in May,the Labor Department said today in Washington.
--Core prices, which exclude food and energy, rose 0.3 percent, reflecting a jump inautomobile prices.
--Excluding passenger cars, core prices were up 0.1 percent.
--It is a sign that inflation is moderatign
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