May 18, 2010

JUST LIKE WEIMAR...:

US wholesale prices down in April (AFP, 5/17/10)

The producer price index -- the measure of wholesale inflation, or the prices that businesses pay for their goods -- dropped 0.1 percent in April after rising 0.7 percent in March. [...]

After stripping out food and energy, core prices for finished goods were up marginally by 0.2 percent.

Some analysts felt the April figures coupled with the current European debt crisis triggered risks of disinflation, commonly used by the Federal Reserve to describe situations of slowing inflation, which help keep interest rates down.

Posted by Orrin Judd at May 18, 2010 2:12 PM
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