Monday, November 12, 2007

Factory gate price inflation surged to a 12-year high

Factory gate inflation hits 12-year high

An immediate cut in interest rates look unlikely as oil and food costs fuel sharpest hike in output costs since December 1995."In a blow to mortgage holders, the figures discount the possibility of an interest rate cut before next spring, analysts said."

Posted by peter @ 02:32 PM (439 views)
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