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*DJ US Sep Consumer Prices -0.5%; Consensus -0.3% 10/18/2006 Dow Jones News Services (Copyright © 2006 Dow Jones & Company, Inc.) (MORE TO FOLLOW) Dow Jones Newswires 10-18-06 0830ET Copyright (c) 2006 Dow Jones & Company, Inc. *DJ US Sep CPI Ex-Food & Energy +0.2%; Consensus +0.2% (MORE TO FOLLOW) Dow Jones Newswires 10-18-06 0830ET Copyright (c) 2006 Dow Jones & Company, Inc. *DJ US Core CPI Up 2.9% On Yr; Highest Since Feb '96 (MORE TO FOLLOW) Dow Jones Newswires 10-18-06 0830ET Copyright (c) 2006 Dow Jones & Company, Inc. *DJ US Sep CPI Energy Prices -7.2%; Food Prices +0.3% (MORE TO FOLLOW) Dow Jones Newswires 10-18-06 0830ET Copyright (c) 2006 Dow Jones & Company, Inc. *DJ US Real Average Weekly Earnings +1.0% In Sep (MORE TO FOLLOW) Dow Jones Newswires 10-18-06 0830ET Copyright (c) 2006 Dow Jones & Company, Inc. =DJ DATA SNAP: US CPI Drops But Annual Core Rt At Decade High ======================================================== Sep Consumer Price Index ! Consensus ! Key Numbers: Sep Aug ! Overall: -0.3% ! CPI Index: -0.5% +0.2% ! Core: +0.2% ! Core Index: +0.2% +0.2% ! Actual: ! Energy: -7.2% +0.3% ! Overall: -0.5% ! ! Core: +0.2% ! ======================================================== By Brian Blackstone Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.S. consumer prices tumbled last month on the back of a steep slide in energy prices, but the underlying inflation rate accelerated to its highest annual rate in over a decade, which should keep Federal Reserve officials on edge about inflation risks in the economy. The consumer price index decreased 0.5% in September, the biggest drop since November 2005, the Labor Department said Wednesday. Excluding food and energy, the CPI advanced 0.2%, the third-straight monthly increase of that size. Unrounded, the core CPI rose 0.242%, matching August's gain. The median forecast of 24 economists surveyed by Dow Jones Newswires was for a 0.3% decline in the CPI and a 0.2% increase in the core index. Consumer prices were 2.1% higher than a year earlier. Core prices rose 2.9% in the 12 months ending in September. That's the highest rate since February 1996 and is well above the Fed's understood comfort zone for core inflation of 1% to 2%, though that range tends to apply to the Fed's preferred inflation measure, the core personal consumption expenditures price index, which is running at a 2.5% year-on-year pace. Officials have left the federal funds rate at 5.25% for two-straight meetings - and are expected to do so again when they meet next week - on the expectation that slower economic growth and falling energy prices will ease underlying inflation. Yet they've signaled that they still see higher inflation as a greater risk than lower economic growth. Thus, Wednesday's report will likely keep them nervous about the state of price pressures in the economy. Indeed, officials have signaled that they won't be satisfied with a simple stabilization in core inflation; they need to see inflation rates come down. Richmond Fed President Jeffrey Lacker, who dissented from the past two decisions and preferred higher rates, said recently "should inflation persist around the current elevated level, firmer monetary policy would be required." Fed Chairman Ben Bernanke said two weeks ago that inflation "is still above what we would consider price stability," and that the Fed must stay on guard to ensure that inflation doesn't elevate, "or even remain where it is." Energy prices fell 7.2%, the Labor Department said in Wednesday's report. Gasoline prices fell 13.5%. Natural gas increased 2.9%. Food prices increased 0.3%. New vehicle prices dipped 0.1% and airline fares slipped 2.3%. Medical care prices increased 0.3%. Housing, which accounts for 40% of the index, rose by 0.3%. Rent climbed 0.4% and owners' equivalent rent rose 0.3%. Clothing prices increased 0.6%, while education and communication rose 0.1%. In a separate report, the Labor Department said the average weekly earnings of U.S. workers, adjusted for inflation, increased 1% in September. Average hourly earnings increased 0.2%. Average weekly hours were unchanged. |
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| aus der Diskussion: | Nie mehr wieder 6000 Punkte im Dax? |
| Autor (Datum des Eintrages): | nachtschatten (18.10.06 14:38:03) |
| Beitrag: | 75 von 157 (ID:24701157) |
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