Inflation

Inflation Ahead?: PPI Unexpectedly Rises 1.8%

From Bloomberg, Producer Prices in U.S. Climbed More than Forecast: Wholesale prices in the U.S. increased more than anticipated in November, led by a jump in fuel costs and a rebound in truck prices. The 1.8 percent increase in prices paid to factories, farmers and other producers was more than twice as large as anticipated and followed a 0.3 percent gain in October, according to Labor Department data released today…

CPI for August Rises

With the price of gold holding firmly above $1,000 in recent weeks, people may be wondering what the inflation picture looks like. While inflation seems to be muted right now, the latest figures suggest there is the potential for inflation to move back up. From the Bureau of Labor Statistics: On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) rose 0.4 percent in August, the…

Marc Faber: High Deficits to Spur Inflation

From Bloomberg, Faber Says ‘High’ U.S. Deficit will spur Inflation: Investor Marc Faber said government spending and low interest rates will keep the U.S. deficit “very high” and will spur inflation. Interest rates will be kept “artificially low” and remain “near zero for a long time” in the U.S., Faber, the publisher of the Gloom, Boom & Doom report, said today in a presentation broadcast on the Internet. “The deficit…