Users' prices in USA with small decrease
The users prices in USA had decreased with less than expectings and in this way keep the predictions, that slower economy growing is leading to decrease of inflation in spite of increasing prices of energy and food products. The data will decrease the embarrassments, showed in last days from FED in the last days due to the inflation. The index of users' prices had increased with 0.2% on monthly base in data from Ministry of Employment. The basic inflation, which is not including the prices of foods and energy products had decreased with 0.1%, and the expectings for the market were for 0.2% increase of the couple types of inflation.
The users' prices had increased with 3.9% on yearly base, which is a little bit down according to datas for the previous month. The basic inflation signed slow increase of 2.3% in comparison with April 2007 and on quarter base the inflation had grown with 1.2% on yearly base. The yearly growing of inflation is a little bit over the one wanted from Federal Reserve with neraly 1.5% to 2.0%.
Labels: Financial News
posted by Zoritza Petrova @ 10:48 PM
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