Tuesday, July 17, 2007

WRAPUP 2-U.S. overall producer prices fall in June, core up

(Reuters) - WASHINGTON, July 17 - A big drop in gasoline
prices pulled U.S. producer prices down in June but a closely
watched measure of core inflation rose at a pace likely to keep
concerns about inflation on policy-makers' minds.




Separately, the Federal Reserve said on Tuesday that output
by U.S. factories, mines and utilities increased by 0.5
percent, bouncing back from a 0.1 percent May decline partly on
a surge in production of new cars and trucks.


Read more at Reuters.com Bonds News

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