U.S. Aug import prices rose 0.2 pct

Biz.Yahoo/Reuters ^ | September 11, 2003

[Starwind]

U.S. Aug import prices rose 0.2 pct
Thursday September 11, 8:33 am ET

   WASHINGTON, Sept. 11 (Reuters) - U.S. Labor Department report
of U.S. import and export price changes by percent (unadjusted).
.                          Aug    July   Aug03/02
ALL IMPORTS                 0.2     0.5     2.1
Petroleum                   3.9     4.5    13.6
Nonpetroleum               -0.2    unch     0.8
Food, Feed, Drink          -0.4     0.9     4.4
Industrial Supplies         1.3     1.8     9.3
Capital Goods              -0.1    -0.1    -1.4
Motor Vehicles,Parts        0.1    -0.1     0.5
Consumer Goods ExAutos     -0.2    unch    -0.3
 .                          Aug    July   Aug03/02
ALL EXPORTS                -0.1    -0.1     0.9
Agricultural               -1.5    unch     3.0
Non-Agricultural           unch    unch     0.8
Food, Feed, Drink          -1.7    -0.4     2.7
Industrial Supplies         0.3    -0.3     4.8
Capital Goods              unch    unch    -0.8
Motor Vehicles,Parts       -0.1     0.2     0.6
Consumer Goods ExAutos     -0.2    unch     0.1
The department reported Aug price indices (2000 base year
equals 100) of 96.8 for imports and 99.4 for exports.
 FORECAST:
 Reuters survey of U.S. economists forecast:
 U.S. Aug import prices +0.4 pct
 U.S. Aug export prices +0.1 pct

[Starwind]

The full DoL BLS report is at U.S. Import and Export Price Indexes - AUGUST 2003

[Starwind]

Fyi...

[waterstraat]

Sooner or later, inflation will once again become a big problem, you cant have 480$ billion deficits(half a trillion dollar deficit projected for 2004) very long, along with monthly $40 billion trade deficits very long, before the markets work it out.

Gold is heading towards $400 an ounce, not $200.

[arete]

Gold is heading towards $400 an ounce, not $200.

Sinclair is saying $400 soon, maybe as soon as the next week.

Richard W.

[waterstraat]

I was hoping gold would go down, at least for a while, I wanted to buy lots!!! more, but after it was announced that the federal budget deficit was going to be $480 billion in 2004, gold has been going up since then.

[arete]

Well, we'll see. It isn't in the interest of the central planners and monetary authorities to have the price of gold rising. Shows a lack of confidence in their powers and their paper ponzi schemes.

Richard W.