The United States PPI Annulus Growth 1.1% Last December

The U.S. labor department 13 announced, seasonally adjusted in December, American producer price index (PPI) is November (1.1%, gen rise since January biggest 1997/98, for her sixth month rise. American 2010 year rise, 2009 PPI 4.0% JGBS 4.3 percent.

However in December eliminate volatile food and energy prices core PPI is only QianYue 0.2%. 2010 year-round core PPI rose just 1.3%, 2009 increase of 0.9%. The data shows, December, mainly by PPI rise in energy and food prices push, but the 2010 core PPI JGBS remains relatively benign.

December general PPI JGBS above expectations. Previously, American economists expect in December general PPI rise 0.8%. December core PPI JGBS accord with expectation.

In December, the report showed energy prices rose 3.7%, than in November for the third consecutive months, mainly by rising gasoline prices 6.4% boost. Food prices 0.8% in December. That month fresh and dehydrated vegetable prices surged up 22.8, accounting for food price rises of three quarters. In addition, December raw material price is rising 4.0% last month.

The report also shows, several kind of commodity prices fall. December passenger cars price is November down 0.4 per cent. Sports and athletic commodity prices fell by 2.5 per cent. Footwear
prices fell 0.4%.

Thursday, jan. (13) New York early plate time, dollar/yen rebounded, steadily 82.90 level in current dollar delivers nearby.

The U.S. labor department (DOL), according to the ministry data released on December American producer price index (PPI) months rate rose (1.1%, sixth month rise, expected to rise 0.8%; December PPI 4.0%, expected increase annual rise of 3.8%.

Meanwhile, the Fed (St Louis Louis Fed chairman James Bullard) says brad (growth prospects, even though the United States has been improved, but still need to collect more positive proof, can consider whether to reduce or slowing the Fed (Fed) monetary stimulus measures.

Technically, the dollar/yen dealt 10 average daily line support, the MACD index red kinetic energy, KDJ index column shorten turn head down. If the dollar fell below 82.20 level, then it will point to 80.60 downlink target levels. If the dollar 83.40 level, the breakthrough point target will rebound 84.50 level.

Beijing time 53, dollar/yen quote 82.86/92.

PNC firms Services for Group, a senior economist Robert DaiYi (Robert Dye) said: \”salary pressure is very small, the price level of ascension to help not much help. If you observe specific industries such as goods, you\’ll see some inflation.\”

According to the survey (bloomberg), economists forecast for the median PPI rose by 0.8%. Economists predict the range from 0.4% to 1.4%. September\’s PPI is up 0.4 per cent. In addition, economists predict the core PPI growth 0.1%.

Today\’s report also shows, October new car price drop 3% since since July 2006 biggest drop. Light trucks prices fell by 4.3%, since October 2006 since biggest drop.

Eliminate food and energy, over the past 12 months wholesale prices last month 1.5 percent year-on-year growth of 1.6 per cent. Economists forecast growth for 2.1%. Food costs fell by 0.1% and energy costs 3.7%. October semi-finished products cost than the previous month rise 1.2%, year-on-year increase 6.4%. Rising prices of raw materials by 4.3%, is the biggest rise since January.

However in December eliminate volatile food and energy prices core PPI is only QianYue 0.2%. 2010 year-round core PPI rose just 1.3%, 2009 increase of 0.9%. The data shows, December, mainly by PPI rise in energy and food prices push, but the 2010 core PPI JGBS remains relatively benign.

December general PPI JGBS above expectations. Previously, American economists expect in December general PPI rise 0.8%. December core PPI JGBS accord with expectation.

In December, the report showed energy prices rose 3.7%, than in November for the third consecutive months, mainly by rising gasoline prices 6.4% boost. Food prices 0.8% in December. That month fresh and dehydrated vegetable prices surged up 22.8, accounting for food price rises of three quarters. In addition, December raw material price is rising 4.0% last month.

Author Bio: I am Himfr Tian, and my work is to promote a free online trade platform.http://www.chinaqualitylighting.com/ contain a great deal of information about walnut wood flooring,usb extension cables,hitachi 42 plasma, welcome to visit!

Category: Business
Keywords: usb missile launcher,baby trend stroller,women\\\’s cotton sweater,

Leave a Reply