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發表於 2006-11-14 22:12:57
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U.S. Producer Prices Match Record Decline in October
Prices paid to U.S. producers fell 1.6 percent in October, matching the biggest monthly decline on record, as energy costs and motor vehicle prices dropped, suggesting inflation pressures are abating.
The decrease followed a 1.3 percent drop in September, the first back-to-back decline since July 2004, according to a report today from the Labor Department in Washington. Excluding food and energy, the so-called core rate fell 0.9 percent last month, the biggest decline since 1993, after rising 0.6 percent.
Energy costs fell 5 percent and prices of light trucks dropped a record 9.7 percent, providing cost relief for companies that may filter through to finished-goods prices. Slower-than-expected economic growth has prompted economists to lower their forecasts for U.S. inflation from three months ago, according to a Federal Reserve Bank of Philadelphia survey. |
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