Thursday, 14 June 2007

Producer Prices in U.S. Probably Rose in May on Higher Energy, Metal Costs

(Bloomberg) -- Prices paid to U.S. producers
probably rose in May, reflecting a fourth consecutive jump in
fuel costs that threatens a broader pickup in inflation,
economists said before a government report today.

The 0.6 percent gain, according to the median estimate in a
Bloomberg News survey of 76 economists, would follow a 0.7
percent increase in April. Core prices, which exclude food and
energy, probably rose 0.2 percent after no change.


Read more at Bloomberg Bonds News

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