Wednesday, Jul 19, 2006
US Producer prices surge!
BBC: Fuel pushes up US producer prices
US wholesale prices rose by a more than expected 0.5% in June, underpinned by higher food and energy costs, according to data from the Department of Labor.
The increase in farm and factory prices beat the forecast of a 0.3% gain, and could push interest rates higher.
Posted by tyrellcorporation @ 12:32 PM (191 views) Add Comment
3 Comments
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1. Surfgatinho said...
That'll be 5.5% then.
2. Bubbles. . . . said...
Pound is going to fall then....what bout our intrest rates??? We always copy America...
3. Northern Lad said...
...I'm still waiting!