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RE: PPI???



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It's called SEASONAL ADJUSTMENT FACTOR.


> -----Original Message-----
> From: Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
> Sent: Friday, October 12, 2001 10:31 AM
> To: omega-list@xxxxxxxxxx
> Subject: PPI???
>
>
>
> "Wholesale Prices Up on Energy Price Jump
>
> By Glenn Somerville
>
> WASHINGTON (Reuters) - *Higher costs for gasoline and home heating oil
> helped push U.S. wholesale prices up at a faster-than-expected clip last
> month*, the Labor Department (news - web sites) said on Friday, though
> falling prices for imported oil since the Sept. 11 attacks may rein the
> jumps in during coming months."
>
> How do they get these numbers? Heating Oil down 15%, Gas down 13%, Crude
> down 15%, Grains and other foods down big or flat.... It would
> seem September PPI is really from August stats. Not that I trade the
> report, but the #'s just seem WAY out of line.
>
> BW
>
>
>
>
>






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