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Food prices climb almost 1% in April -
Summary from United States, from articles in English
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That suggests that the spike in fuel and food costs is not yet forcing workers and companies to demand higher wages and prices to offset those rising costs. (article 6)
Producer prices rose by a larger-than-expected 1.4 percent in May as energy prices leaped 4.9 percent, but core inflation at the producer level slowed as forecast, as car prices sank, a Labor Department report showed. (article 3)
Economists had expected the Producer Price Index, a gauge of prices paid at the farm and factory gate, would rise 1.0 percent after increasing 0.2 percent in April. (article 3)
The Office for National Statistics said on Tuesday that consumer prices rose 0.6 percent last month, taking the annual rate up to 3.3 percent from 3.0 percent in April. (article 1)
Oil prices, which have risen nearly 40 percent this year and hit then-record highs above $130 a barrel in May, and rising food costs have squeezed consumers. (article 7)
Rising commodity and oil prices are pressuring inflation indices, which in addition to jeopardizing the economy could affect the popularity of President Luiz Inacio Lula da Silva, said David Fleischer (article 2)
WASHINGTON Wholesale prices bolted ahead in May at the fastest pace in six months as energy and food costs marched higher. (article 5)
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Other stories about inflation, prices and bank:
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Story keywords
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inflation, prices, bank, rate, food |
Source articles
- UK inflation hits 3.3 percent in May (Washington Post, 06/17/2008, 463 words)
- Analysts: Double-digit inflation could undermine Brazil's booming economy (msnbc.msn.com, 06/17/2008, 443 words)
- Producer prices jump, housing starts at 1991 low (Washington Post, 06/17/2008, 348 words)
- Producer prices jump, housing starts at 1991 low (Washington Post, 06/17/2008, 400 words)
- body {background:#FFFFFF} (L.A. Times, 06/17/2008, 780 words)
- Food prices climb almost 1% in April - (baltimoresun.com, 06/18/2008, 444 words)
- May PPI seen up 1.0 percent on crude costs (Washington Post, 06/17/2008, 211 words)
- Bank economists say home prices yet to bottom (boston.com, 06/17/2008, 464 words)
- Mary Lee Rydzewski, a retired Amtrak engine dispat... (baltimoresun.com, 06/18/2008, 591 words)
- Investment Boom Gives a Lift to the Russian Economy (nytimes.com, 06/17/2008, 217 words)
- Policy-makers call inflation top threat (Washington Post, 06/16/2008, 302 words)
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blaster@cs.columbia.edu
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