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US Data: Highlights of MNI Survey of Economic Forecasts

Repeats Story Initially Transmitted at 21:06 GMT Aug 8/17:06 EST Aug 8
     WASHINGTON (MNI) - The following are highlights of forecasts for   
upcoming U.S. economic indicators provided by participants in the MNI   
weekly survey. The comment section presents the key elements behind the 
median forecasts.                                                       
Producer Price Index for July (percent change)                          
 Friday, August 9 at 8:30 a.m. ET                         Actual:       
                 Median         Range                Jul19  Jun19  May19
 Final Demand     +0.2%    +0.1% to +0.3%               --  +0.1%  +0.1%
 Ex Food,Energy   +0.2%    +0.1% to +0.2%               --  +0.3%  +0.2%
     Comments: Final demand PPI is expected to rise by 0.2% in July     
after a 0.1% gains in May and June. Energy prices are expected to tick  
up following a further June decline, while food prices are expected to  
post another modest gain. Excluding food and energy prices, PPI is      
forecast to rise 0.2% after a rising 0.3% in June.                      
--MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com
[TOPICS: MTABLE]

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