December 2006 PPI Up 0.9%, Core PPI Up 0.2%

The PPI (Producer Price Index) increased 0.9% during December of 2006, compared to a 2.0% percent increase last month. The December increase was higher than forecasted. Core-PPI, which excludes food and energy, was up 0.2% compared to 1.3% last month.

Some financial analysts are concerned that December's PPI increase might cause the Federal Reserve to increase interest rates to allay inflation pressures.

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Creator: Gerald D. Thurman []
Created: 19 January 2007

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