Saturday, January 1, 2011

U.S. consumer prices also rose for a long time more and more tough days.

U.S. Department of Agriculture food prices before the 2008 annual forecast from last month, or 4.5% to 5.5%, close to record gains in 1990, while in April producer price index (PPI) continue to rise, means that the U.S. economic slowdown .did not prevent inflation from worsening. .<P Style=MARGIN: 0px target=_blank> </ P> <P style=MARGIN: 0px> Department of Agriculture forecast a serious blow U.S. consumer wallets, showing the average family, if compared with last year, fear will increase by about 350 dollars .food expenditures, the federal government have to face the pressure to improve nutrition program budget. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> also known as the wholesale price index and producer price index, a measure of inflation, are important indicators. .Producer price index producer price rise reflects the increase, with a corresponding increase in production costs of producers, production costs must be passed on to consumers increased, leading to the rise in CPI, so that consumers face even greater difficulties. .</ P> <P align=center> blame biofuels for food price increases </ P> <P> (http://finance.) United States Department of Agriculture released a report 19 months in a row of food this year .inflation forecast to increase 0.5 percent this month, the estimated value approaching 5.5% 1990 5.8% rise in food prices high. .Last year food prices rose 4%. .</ P> <P> the past two years the cost of doubling the purchase of corn, so that food manufacturers and livestock producers felt the pinch, and make them angry because, in part from President Bush even behind the alternative energy policy. .Bio-fuels industry on the nation's largest crops, the demand for corn has doubled in two years. .</ P> <P> U.S. corn production this year expected to reach 12.1 billion bushel, Ministry of Agriculture, bio-fuels industry, economists expected a third of the outlay of them, causing corn prices reaching record highs. .To weaken the strong support of Congress, the legitimacy of the development of biomass energy in recent weeks and the campaign against hunger the food industry are strongly highlighted the corn into bio-fuel production associated with the rising food prices. .</ P> <P> However, the U.S. Secretary of Agriculture Sha Fuer press conference on October 19, deliberately played down the development of biomass energy on the food inflation problem. .He blamed increased oil prices spiraling food prices, raising food industry, transportation and packaging costs. .</ P> <P align=center> 4-than-expected rise in core PPI twice </ P> <P> in food prices, while 20 U.S. Department of Labor announced a seasonally adjusted April .producer price index rose 0.2% to a seasonally adjusted basis, excluding food and energy prices, the core PPI rose 0.4%, higher than Wall Street expectations twice. .As of April of 12 months, the producer price index rose 6.5% unadjusted. .As of March of 12 months, or 6.9%. .</ P> <P> a report last week showed that April consumer prices of goods and services paid by a significant slowdown, suggesting that the weak economy has weakened as expected as inflationary pressures. .But now the PPI data also raised concerns about inflation. .</ P> <P> latest monetary policy meeting, the Fed acknowledged that core inflation had improved, but commodity prices. .Due to uncertain outlook, bankers must pay close attention to inflation dynamics. .</ P>.

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