Producer Prices Up Sharply in May
Tuesday, 17 June 2008 15:50
The 1.4 percent rise in May was the fastest pace in six months, but the core inflation rate grew only moderately.

 

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A strike by fuel tanker drivers over pay continues to disrupt the delivery of fuel to Shell petrol stations.

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Chrysler is raising sticker prices on 2008 models 2%, amid rising prices for steel and other commodities. The rise does not effect the prices of vehicles already in dealer inventories.

Express Scripts, the prescription manager, will pay $248 million to the private equity firm Monitor Clipper Partners for Medical Services’ division that provides drug benefits for people injured on the job.