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>It's called SEASONAL ADJUSTMENT FACTOR.
Ya think? A 15% drop in crude oil prices,
and the PPI is up, 'cause of a seasonal
adjustment? Hey, I've got a bridge with your
name on it Mark.
BW
>From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
>Reply-To: <prosys@xxxxxxxxxxxxxxxx>
>To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>
>CC: "Omega-List" <omega-list@xxxxxxxxxx>
>Subject: RE: PPI???
>Date: Fri, 12 Oct 2001 16:22:35 -0400
>
>It's called SEASONAL ADJUSTMENT FACTOR.
>
>
> > -----Original Message-----
> > From: Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
> > Sent: Friday, October 12, 2001 10:31 AM
> > To: omega-list@xxxxxxxxxx
> > Subject: PPI???
> >
> >
> >
> > "Wholesale Prices Up on Energy Price Jump
> >
> > By Glenn Somerville
> >
> > WASHINGTON (Reuters) - *Higher costs for gasoline and home heating oil
> > helped push U.S. wholesale prices up at a faster-than-expected clip last
> > month*, the Labor Department (news - web sites) said on Friday, though
> > falling prices for imported oil since the Sept. 11 attacks may rein the
> > jumps in during coming months."
> >
> > How do they get these numbers? Heating Oil down 15%, Gas down 13%, Crude
> > down 15%, Grains and other foods down big or flat.... It would
> > seem September PPI is really from August stats. Not that I trade the
> > report, but the #'s just seem WAY out of line.
> >
> > BW
> >
> >
> >
> >
> >
>
>
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