Currency depreciation is flowing through to Chinese prices as the weaker yuan offsets falling U.S. dollar prices. The 12-month PPI declined in September, but that's because the PPI increased 1.0 percent a year ago, and "only" 0.6 percent this past month.
As for the CPI, pork prices rose 3.7 percent in September and fresh vegetables climbed 9.8 percent.
GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well
-
Google (GOOG/GOOGL) just reported a blowout quarter after the market close
Thursday. Revenue was +15%, Operating Margin surged to 31.6% from 25.0% a
year a...
No comments:
Post a Comment