Como se combate o populismo? "Com eleições", responde Fukuyama

[Info....]

8:29am 11/17/04 ENERGY COSTS ACCOUNT FOR OVER HALF OF OCT. CPI RISE
8:29am 11/17/04 U.S. CPI UP 3.2% IN PAST YEAR, CORE UP 2.0%
8:29am 11/17/04 U.S. OCT. CORE CPI UP 0.2%, IN LINE WITH EXPECTATIONS
8:29am 11/17/04 U.S. OCT. CPI UP 0.6% VS 0.4% EXPECTED

8:30am 11/17/04 U.S. OCT. SINGLE-FAMILY PERMITS OFF 2.2% TO 1.525 MLN
8:30am 11/17/04 U.S. OCT. SINGLE-FAMILY STARTS UP 5.7% TO 1.645 MLN
8:30am 11/17/04 U.S. OCT. HOUSING STARTS MOST SINCE DECEMBER
8:30am 11/17/04 U.S. OCT. BUILDING PERMITS DOWN 0.7% TO 1.984 MLN
8:30am 11/17/04 U.S. OCT. HOUSING STARTS UP 6.4% TO 2.027 MLN RATE


U.S. Oct housing starts rise 6.4% to 2.03 million

WASHINGTON (CBS.MW) - New construction of U.S. homes increased about 6.4 percent in October to a seasonally adjusted annualized rate of 2.027 million, the Commerce Department estimated Wednesday.
It's the highest level of housing starts since last December's 2.067 million.
Building permits fell 0.7 percent in October to a seasonally adjusted annualized rate of 1.984 million.
Economists were expecting a smaller gain in housing starts to about 1.95 million, according to a survey conducted by CBS MarketWatch.



ECONOMIC REPORT: U.S. CPI rises 0.6%, core up 0.2%; Energy prices highest since May
By Gregory Robb, CBS Marketwatch.com
Last Update: 8:44 AM ET Nov. 17, 2004

WASHINGTON (CBS.MW) - Fueled by higher energy prices, U.S. consumer price inflation accelerated in October, the Labor Department said.

The seasonally adjusted consumer price index rose 0.6 percent in October, the biggest gain since May. This follows a 0.2 percent gain in September.

More than half of the increase was due to higher energy costs, the government said.

Excluding food and energy costs, core consumer prices moderated in October. The core CPI index rose 0.2 percent following a 0.3 percent gain in September.

Economists were expecting the CPI to rise 0.4 percent and the core CPI to rise 0.2 percent, according to a survey of 37 economists by CBS MarketWatch.

The CPI's now up 3.2 percent in the past year, higher than a comparable 2.5 percent pace seen last month.

The core CPI is up 2.0 percent in the past year, the same rate as in the previous month.

Energy was the main area of concern in October in the CPI.

Energy prices rose 4.2 percent in October after falling 0.4 percent in September. This is the largest increase since May. Gasoline prices rose 8.8 percent, the biggest increase since February 2003. Gasoline prices have increased by 41.2 percent in the past 12 months.

Natural gas prices increased 0.6 percent last month. Only electricity prices declined in October, falling 1.6 percent.

But energy wasn't the only sector with price increases in October.

Food prices increased 0.5 percent, after remaining flat in September. Fresh fruit prices rose 6.3 percent, the largest increase since June 1984. Fresh vegetable prices rose 8.8 percent, the biggest gain since February 1997.

Housing prices rose 0.2 percent in October for the fourth straight month. Medical care costs increased 0.4 percent after rising 0.3 percent in September. Drug prices increased 0.3 percent in October.

Apparel prices rose 0.2 percent in October after remaining flat in September.

The deceleration in the core rate was caused by moderation in hotel prices and used car prices. This moderation was offset by upturns in household furniture and new vehicle prices.

New vehicle prices rose 0.4 percent in October, the largest gain since February.

Airline fares rose 1.4 percent, the biggest gain since July 2003.

Real earnings fell 0.4 percent in October. In the past year, real wages are down 0.4 percent.

[TRSM]

Dados EUA: CPI: 0.6 % (esp:0.4%); CPI ex-food & energy: 0.2 % (esp:0.1%); Housing Starts: 2027 k (esp:1960k); Building Permits: 1984 k (esp: 2000k).

LJ Carregosa SA