Lower energy prices at end of year temper price increases
January 25, 2007
Click here for charts showing inflation by product group - 16 products, including tools, fasteners, machinery/equipment, fluid power, and others, are displayed in this document.
This is an overview of wholesale price inflation trends in the past year for commodities in industrial and construction channels. Overall, core inflation rose 1.1 percent in 2006 -a significant slowdown from 2005. But the Federal Reserve still sees inflation as a potential threat in the next year, albeit at lower levels.
Thanks to a slowdown in energy price increases, wholesale prices rose 1.1 percent in 2006, in contrast to the 5.4 percent rise in 2005, the Bureau of ...