Network News

X My Profile
View More Activity





Data Digest: Wholesale costs inch up for second month

Producer Price Index

The numbers: The index increased 0.4 percent in August for the second month. It was the biggest jump in five months. The median forecast according to a Bloomberg survey was for a 0.3 percent rise.

Quick take: The PPI is one of three monthly inflation gauges. The numbers today--along with the price of good imported into the U.S. which rose 0.6 percent from the prior month and consumer prices, which economists estimate rose 0.3 percent--appear to indicate that the risk of inflation or the opposite, deflation, is low.

What it means for you: Demand may be is strong enough to prevent a prolonged drop in prices.

Data source: Labor Department

By Washington Post editors  |  September 16, 2010; 9:08 AM ET
Categories:  *Data Digest , U.S. Economy  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Morning briefing: U.S., China spar over currency again
Next: Data Digest: Jobless claims fall unexpectedly in encouraging sign

No comments have been posted to this entry.

Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company