Anyone seen the PPI?

[Renew Deal]

The PPI is missing. Has anyone seen it? Is it still being run through Roves computer?

[redqueen]

1. I heard it announced on NPR

Don't remember the figure but it was up.

[stepnw1f]

2. I Would Think There Would Be More Concern

[Robbien]

5. All the PPI reports were hidden away yesterday

The articles were cheerleading the jobless number and in a throw-away comment way down in the articles they mentioned the PPI. With PPI being at .6, that annualizes to 7.2% inflation. But you won't hear that number bandied about anywhere.

[Robbien]

3. PPI for January was .6, expected was .4 eom

[redqueen]

4. Here ya go

http://news.yahoo.com/news?tmpl=story&u=/ibd/20040319/bs_ibd_ibd/2004319general

PPI Rose 0.6% In Jan.; Prices Up In Pipeline

By Christina Wise

Prices are heating up further up the production pipeline, but economists are divided about whether that means inflation is looming on the horizon.

The Labor Department (news - web sites) on Thursday released its long-awaited producer price index for January, which rose a higher than expected 0.6%. It rose 3.3% from a year earlier, following December's three-year high of 4%.

Labor delayed releasing the January PPI (news - web sites) for over a month while it converted the data to a new classification system. The February PPI still hasn't been released.

Swelling energy prices fueled much of January's gain. It rose 4.7% from December and 11.3% from January 2003.

(more)

[rapier]

6. notes

That's the January number. The Feb number due earlier is delayed for awhile.

While the mainstream economists, political flunkies and financial industry hucksters wonder if this means inflation is making a comeback anyone with a lick of sense knows it is.

As you will certainly be hearing in the near future. While demand from Asia is playing a part and dollar weakness is a part also in the end the gigantic, massive, unhearlded expansion of money itself is going to be a key. Japan is playing a vital role in this. It already has a monetary base that is 50% bigger than the US and so far this year they are incresing that at a 50% rate.

Moneterism has been abondoned by its high preist, Freidman, just as its sureist test is about to unfold.