Recent Updates
- India: Sources of Money Stock (Nov)
- Korea: Central Government Finance (Oct)
- Japan: TANKAN Summary, Mini Car Registration (Sep), Tankan (Q4)
- Philippines: National Government Debt Service (Oct)
- New Zealand PMI (Nov)
- Market PMI: Manufacturing Survey - New Zealand (Nov), Australia (Dec), Japan (Dec-Flash)
- Albania: Labor Force Survey (Q3)
- more updates...
Economy in Brief
U.S. Government Budget Deficit Surges Unexpectedly
The U.S. Treasury Department reported that the federal government ran a $204.9 billion budget deficit during November...
U.S. Initial Unemployment Insurance Claims Decline
Initial claims for unemployment insurance fell to 206,000 (-7.6% y/y) during the week ended December 8...
EMU Inflation Falls Back Into Place
The ECB targets inflation of just under 2%...
U.S. CPI Is Unchanged; Core Prices Increase Steadily
The Consumer Price Index held steady during November (2.2% y/y)...
U.S. Mortgage Loan Applications Post Another Strong Increase
The MBA total Mortgage Applications Index rose 1.6% (-13.2% y/y) during the week ended December 7...
by Tom Moeller February 6, 2007
Unleaded gasoline prices at the pump rose slightly last week to an average $2.19 per gallon after two weeks unchanged at $2.17.
Colder temperatures have given lift to crude oil prices which recently have hovered just under $60.00 per barrel versus an average $55.76 for WTI crude during January.
The latest Short-Term Energy Outlook from the U.S. Energy Information Administration is available here.
Expected Inflation Near and Far from the Federal Reserve Bank of St. Louis can be found here.
| Weekly Energy Prices | 02/05/07 | 01/29/07 | Y/Y | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|
| US Retail Gasoline Price, Regular | $2.19 | $2.17 | -6.4% | $2.57 | $2.27 | $1.85 |
