David Jones Producer Quotations

No matter how you slice it, we've seen some acceleration in labor costs. The market took heart from good producer and consumer price numbers, but I don't think Greenspan is paying as much attention to those numbers as the Street has.

The catalyst for this was the sharp rise in the U.S. Producer Price Index, with the 1.9 percent jump in September coming in at more than analysts were expecting, and fueling fears of increased inflation creeping back into the U.S. economy,