Helena Independent Record: Cheaper gas keeps US consumerprices flat
“The energy index continued to fall in June, but its decline
was offset by increases in the indexes for food and all items less food and energy. The energy index fell 1.4 percent
as the gasoline index declined for the
third month in a row; other energy indexes were mixed. The food index rose 0.2
percent after being unchanged last month
as the index for food at home turned up in June.”
Helena Independent Record: US factory output rose 0.4percent in June
“Nonfarm business sector labor productivity decreased at a
0.9 percent annual rate during the first quarter of 2012, the U.S. Bureau of
Labor Statistics reported today. The decline in productivity reflects increases
of 2.4 percent in output and 3.3 percent in hours worked. (All quarterly
percent changes in this release are seasonally adjusted annual rates.) From the
first quarter of 2011 to the first quarter of 2012, productivity increased 0.4
percent as output and hours worked rose 2.7 percent and 2.2 percent,
respectively.”
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