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Beef recall announced over E. coli fears
WASHINGTON, Aug. 14 (UPI) -- The U.S. Producer Price Index for finished goods rose 0.3 percent June to July, the Bureau of Labor Statistics reported Tuesday.
On a 12-month, unadjusted basis, prices were up 0.5 percent, slightly lower than June's unadjusted annual rate of 0.7 percent.
Food prices were up 0.5 percent in July for the second consecutive month, while energy prices dropped 0.4 percent after falling 0.9 percent in June.
Core prices, which exclude food and energy items, rose 0.4 percent in July from June and 0.5 percent from July 2011.
Energy prices received by producers have dropped for five consecutive months, the bureau said
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| Additional Business News Stories | |
ANKARA, Turkey, June 20 (UPI) --
An oil pipeline planned from the Kurdish region of northern Iraq to Turkey may go to, but not cross, national borders, a Turkish official said.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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