Tuesday, July 17, 2007

U.S. Producer Prices Probably Rose in June at Slowest Pace in Five Months

(Bloomberg) -- Prices paid to U.S. producers
probably rose in June at the slowest pace in five months as fuel
costs dropped, economists said before a government report today.

The 0.2 percent gain, according to the median estimate in a
Bloomberg News survey of 72 economists, would be the smallest
since January and follow a 0.9 percent increase in May. Core
prices, which exclude food and energy, probably rose 0.2 percent
for a second month.


Read more at Bloomberg Currencies News

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