Tuesday, December 14, 2010 - Article by: James Brooks -
Producer Price Index, which at last glance was more subdued than expected, is anticipated to rise 0.6% in November, following a 0.4% gain in October - or half what economists were expecting. A 0.6% increase would leave prices up 3.3% compared to 12 months ago. Core prices, which exclude volatile food and energy costs, are expected to be up 0.2% in the month, after falling 0.6% in the prior month. For the year, core prices should be up 1.2%.
The Bond Market had little movement after the premarket news.
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