Thursday, June 14, 2007

Producer prices up on energy rise in May

(Reuters) - Separate data out on Thursday showed no change in the number of workers signing up for first-time jobless benefits last week, underscoring stability in the labor market.




Economists polled ahead of the data were expecting producer prices -- the prices paid by manufacturers and wholesalers -- to rise 0.6 percent and by 0.2 percent when energy and food were stripped out.


Read more at Reuters.com Business News

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