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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