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2009-08-18 11:00:49

The Producer Price Index for finished goods in the United States fell nearly 1 percent in July, the Bureau of Labor Statistics reported Tuesday. The 0.9 percent drop in prices follows gains of 1.8 percent in June and 0.2 percent in May, the bureau said. Core prices, which exclude energy and food items, shrank 0.1 percent after rising 0.5 percent in June. Energy prices in July fell 2.4 percent, while food prices for producers dropped 1.5 percent. The figures may concern policy makers keeping...

2009-06-16 10:07:47

The Producer Price Index for finished goods in the United States rose slightly in May, the Bureau of Labor Statistics reported Tuesday. The PPI rose 0.2 percent during the month, an indication inflation was still in check. Core prices, which exclude energy and food items, shrank 0.1 percent, as energy prices rose a less-than-expected 2.9 percent and food prices fell 1.6 percent. In the past 12 months, prices for finished goods have fallen 5 percent, the bureau said. Finished energy goods...

2009-05-08 07:10:47

Wholesale prices rose by 0.13 percent in India with inflation pushed by rising food prices, the Press Trust of India said. Prices for milk, wheat and spices rose 1 percent in a weekly survey ending April 25. Rising prices for sugar, vegetables and cereal may provide fodder for opposition politicians in the country's elections, the Press Trust said. In the past 12 months, cereal prices have gone up 11 percent. The prices for pulse "“ a leguminous grain "“ rose 14 percent. Fruit...

2009-04-17 07:07:30

Higher food and shelter costs drove Canadian consumer prices up 1.2 percent in March on an annual basis, Statistics Canada reported from Ottawa Friday. Food prices rose 7.9 percent during the 12-month period on the heels of a 7.4 percent rise in February. It was the largest jump since November 1986, the federal agency said. A 12-month price increase of 54.9 percent for potatoes pushed up vegetable prices, the report said. This occurred largely as a result of poor harvests in Canada that led...

2009-04-06 03:56:00

ZURICH, Switzerland, April 6 /PRNewswire/ -- An Urgent Call to Action by "The Humboldt Forum for Food and Agriculture" International Press Conference (incl. telephone conference, audio webcast) 16 April 2009, 3 PM CET Hotel Maritim proArte Friedrichstrasse 151 Berlin, Germany In response to the growing threat of global malnutrition and food insecurity, the recently established Humboldt Forum for Food and Agriculture (HFFA) - a unique group of...

2009-02-20 09:45:53

The Consumer Price Index increased 0.3 percent in January after falling for three consecutive months, the U.S. Department of Labor said Friday. The increase came in as economists predicted and will be seen as good news for those who fear falling prices that tend to stall the economy. Core inflation, taking out the influences of food and energy costs, rose 0.2 percent in the month. Energy costs rose 1.7 percent, with gasoline rising 6.0 percent for the month. Food prices also gained slightly,...

2009-02-20 07:12:12

Canada's consumer price index rose 1.1 percent in the 12 months to January, kept partially in check by lower gasoline prices, Statistics Canada said Friday. The gain follows a 1.2 percent increase in December and the federal agency said the rate of change has been slowing since September. Gasoline prices in January 2009 were 23.5 percent below the level in the same month in 2008, StatsCan said, adding overall energy prices fell 10.9 percent in January. Food prices, particularly bakery, cereal...

2009-01-15 08:52:50

The Producer Price Index for finished goods in the United States fell 1.9 percent in December, pushed by falling energy prices, the government said Thursday. Prices paid by producers rose 0.2 percent with food and energy prices taken out of the picture. Food prices during the month fell 1.5 percent, while energy costs dropped 9.3 percent, the Department of Labor Statistics said. In November, energy costs dropped 11.2 percent. The index for durable good materials fell 7.2 percent, including a...

2008-12-12 08:43:36

U.S. producers paid 2.2 percent less for finished goods in November, the U.S. Labor Department said Friday. November's price declines follow a drop of 2.8 percent in October and 0.4 percent in September. In the month, core inflation for manufacturers, excluding food and energy costs, rolled back 0.1 percent. Indeed, energy prices led the decline with a monthly drop of 11.2 percent, following a 12.8-percent drop in October. Prices paid by producers for natural gas dropped 4.6 percent in...

2008-10-09 00:00:29

F armers across the country have faced their own crisis this year with the wettest harvest for more than 20 years. The optimism of the spring has been replaced by despair - and although we have experienced an Indian summer, it came along too late for many. The financial impact of the wet harvest is likely to be severe, with many businesses having lost tens of thousands of pounds. Yet as farmers begin to face the financial consequences, reports suggest that consumers should see food...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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