1. Analysts surveyed by Bloomberg News expect the wholesale inflation gauge to show no change in October. 2. Analysts surveyed by Bloomberg News expected the wholesale inflation gauge to show no change. 3. And a major inflation gauge remained low, the government report said, rising at only half the rate it did in the first quarter. 4. And the surge in oil prices has put upward pressure on broad inflation gauges, though increases in most consumer prices have remained restrained. 5. As he concluded his remarks, Greenspan offered an optimistic outlook for improving inflation gauges. 6. Economists and central bankers all have their favorite inflation gauges. 7. Finally Friday, the Labor Department releases its wholesale inflation gauge, the producer price index for February, while the Fed reports on industrial production for the month. 8. Given the imprecision of inflation gauges, the Fed must be very careful about any move to raise or lower interest rates, economists said. 9. He noted that the consumer price index had been rising, but added that there had been little change in the broader inflation gauge that he favors. 10. However, a related inflation gauge remained well-behaved. |