Thread: Economic News Releases :US Producer Price Index

Economic News Releases

Producer Price Index



December 12, 2008

The Producer Price Index for Finished Goods fell 2.2 percent in November, seasonally adjusted. This decline followed decreases of 2.8 percent in October and 0.4 percent in September. Prices for finished goods other than foods and energy advanced 0.1 percent in November compared with a 0.4-percent rise a month earlier. Full Text »

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I guess this a result of rise in the unemployed rates around the world, the US foreign market has decreased then there is more supply in the markets than usual. Now, news talk about Asiatic economies and their power to keep going into western markets. Is the right moment to invest in currencies as NZD, AUD and JPY even if they’ve announced their recession. In fact, I wonder if it is not possible get more currencies to trade with soon. scope