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Monday, January 17, 2011

Predictions holding up

You may remember from last week's post that I mentioned the possibility that numbers from late last week would translate into increases at the consumer level for this week.

Numbers still show that after six days of data, with US markets closed today for the Martin Luther King Day holiday we don't have to wait for data from today's trading.

Here's what I have so far, with one day of data coming tomorrow:
  • Heating and stove oils show a 2.02 cent per litre increase.
  • Diesel shows an added 2.9 cents at the pumps, and...
  • Gasoline shows an added 9/10ths of a cent.
Spread the word. No dodging it again this week!

I'll be back tomorrow night with the full synopsis on what to expect for Thursday, but it looks like what we see here.

Regards,

George

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