{"id":199951,"date":"2007-06-14T16:43:00","date_gmt":"2007-06-14T21:43:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/06\/14\/ppi-rises-in-may-on-higher-energy-costs-jun-14-2007\/"},"modified":"2007-06-14T16:43:00","modified_gmt":"2007-06-14T21:43:00","slug":"ppi-rises-in-may-on-higher-energy-costs-jun-14-2007","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/06\/14\/ppi-rises-in-may-on-higher-energy-costs-jun-14-2007\/","title":{"rendered":"PPI rises in May on higher energy costs &#8211; Jun. 14, 2007"},"content":{"rendered":"<p>Prices are rising, but don&#8217;t worry, it&#8217;s only on sh%^ that we need to live.<\/p>\n<blockquote><p><span style=\"font-size:130%;\"><a style=\"color: rgb(0, 0, 153); font-weight: bold;\" href=\"http:\/\/money.cnn.com\/2007\/06\/14\/news\/economy\/ppi\/index.htm?cnn=yes\">PPI rises in May on higher energy costs<\/a><\/span><\/p>\n<p><span style=\"color: rgb(0, 0, 153);\">Producer Price Index up on higher energy costs; core prices increase in line with forecasts.<\/span><br \/><span style=\"color: rgb(0, 0, 153);\">June 14 2007: 8:39 AM EDT<\/span><\/p>\n<p><span style=\"color: rgb(0, 0, 153);\">NEW YORK (CNNMoney.com) &#8212; Prices paid by businesses rose in May due to higher energy costs, as the latest inflation reading was roughly in line with Wall Street expectations.<\/span><\/p>\n<p><span style=\"color: rgb(0, 0, 153);\">The Producer Price Index, the government&#8217;s key measure of inflation at the wholesale level, was up 0.9 percent in May, compared to a 0.7 percent rise in April. Economists surveyed by Briefing.com had forecast a 0.6 percent increase. Energy prices were up 4.1 percent.<\/span><\/p>\n<p><span style=\"color: rgb(0, 0, 153);\">The more closely watched core PPI, which strips out often volatile food and energy prices, was up 0.2 percent, in line with forecasts of economists, although it&#8217;s up from the April report that showed no change in those prices.<\/span><\/p>\n<p><span style=\"color: rgb(0, 0, 153);\">&#8230;<\/span><\/p><\/blockquote>\n<p>I just love how the &#8220;important&#8221; inflation number strips out the stuff that we need to live.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prices are rising, but don&#8217;t worry, it&#8217;s only on sh%^ that we need to live. PPI rises in May on higher energy costs Producer Price Index up on higher energy costs; core prices increase in line with forecasts.June 14 2007: 8:39 AM EDT NEW YORK (CNNMoney.com) &#8212; Prices paid by businesses rose in May due &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973],"tags":[],"class_list":["post-199951","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/199951"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=199951"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/199951\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=199951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=199951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=199951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}