May 15, 2013

YOU CAN'T RUN THOSE GOVERNMENT PRINTING PRESSES 24/7 WITHOUT TRIGGERING...:

Wholesale Prices Drop as Energy Costs Continue to Fall (JONATHAN HOUSE And ERIC MORATH, 5/15/13, WSJ)

The producer-price index, which measures how much businesses pay for finished goods, declined by a seasonally adjusted 0.7% in April from a month earlier, the Labor Department said Wednesday. It was the biggest one-month decline since February 2010. In March, the index fell by 0.6%. [...]

Stripping out the more-volatile energy and food components, core wholesale prices rose a modest 0.1% in April.


...deflation?

Posted by at May 15, 2013 11:49 AM
  

blog comments powered by Disqus
« CITIES WERE A MISTAKE: | Main | THE ACTUAL HOUSING CRISIS IS THE SHORTAGE: »