2014-05-15 Economy
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Food inflation to hit shelves by the fall
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Unexpectedly...
U.S. producer prices recorded their largest increase in 1-1/2 years in April as food prices surged, in a potential sign inflation pressures may be creeping up.
The Labor Department said on Wednesday its producer price index rose 0.6 percent, the biggest gain since September 2012. That built on a March increase that was nearly as large.
The department revamped it PPI series at the start of the year to include services and construction. Since then, it has been surprisingly volatile, largely because of big swings in prices received for trade services.
Still, economists, who had expected only a 0.2 percent gain, saw the latest rise as an indication that price pressure may be building. Officials at the Federal Reserve have long worried that inflation was running too low.
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Posted by badanov 2014-05-15 00:00||
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Posted by Deacon Blues 2014-05-15 10:51||
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Posted by DarthVader 2014-05-15 11:17||
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Posted by Redneck Jim 2014-05-15 11:37||
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Posted by swksvolFF 2014-05-15 11:42||
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Posted by swksvolFF 2014-05-15 11:51||
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Posted by Ebbang Uluque6305 2014-05-15 11:53||
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Posted by Ebbang Uluque6305 2014-05-15 11:57||
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Posted by Raj 2014-05-15 12:02||
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Posted by Bubba Graiting8281 2014-05-15 12:20||
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Posted by Bright Pebbles 2014-05-15 12:30||
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Posted by Procopius2k 2014-05-15 12:32||
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Posted by Besoeker 2014-05-15 12:35||
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Posted by AlanC 2014-05-15 12:35||
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Posted by Bright Pebbles 2014-05-15 12:43||
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Posted by lord garth 2014-05-15 12:51||
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Posted by Besoeker 2014-05-15 12:52||
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Posted by bman 2014-05-15 15:08||
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Posted by Old Patriot 2014-05-15 15:19||
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Posted by Barbara 2014-05-15 15:40||
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Posted by Procopius2k 2014-05-15 16:58||
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Posted by Fred 2014-05-15 18:33||
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Posted by Besoeker 2014-05-15 19:00||
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Posted by Alaska Paul 2014-05-15 19:11||
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Posted by Anguper Hupomosing9418 2014-05-15 20:30||
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Posted by Anguper Hupomosing9418 2014-05-15 21:03||
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Posted by Silentbrick 2014-05-15 21:31||
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Posted by USN, Ret. 2014-05-15 22:29||
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