Market Currents

• Friday, December 12, 2008

• 08:39 AM Wholesale Prices ((PPI)) fell 2.2% in November, the fourth straight monthly decline. Consensus was for a 2% drop. Core PPI was up 0.1%, in-line. Prices are up 0.4% from last year, and core prices are up 4.2%. Comment!

• Tuesday, November 18, 2008

• 08:32 AM Producer Prices ((PPI)) fell by 2.8% in October, much more than the anticipated -1.9%. This follows a 0.4% decrease in September and a 0.9% drop in August. Comment!