US Newsprint & Pulp Indexes - Dec.20,2005

摘要

Helped with a large drop in gasoline prices,US consumer inflation,with -0.6%,recorded its biggest monthly decline since 1949.However,this was all energy-driven.The core inflation was steady at +0.2%.Retail sales increased modestly.US trade gap hit a new record of 90 billion in November.The combination of the worsening of the trade balance,the re-emerged worries over the current account deficit and the recently raised prime rate in Europe started re-weakening the USD anew against Euro.