Energy

CNN Money reports that prices of food and gas continue to surge although underlying inflation remains low.

CNN Money reports that prices of food and gas continue to surge although underlying inflation remains low.

The market news is quoted as saying:

Commodities have surged over the last several months, driving up the costs for raw materials, food and energy. But amid high unemployment, businesses are still trying to avoid passing on all those costs.

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Markets
TSX20197.61+15.69
TSXV702.09-3.49
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S&P 5003901.36+0.57
NASD11354.62-33.88
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Commodities
Gold1856.99+11.21
Silver21.97+0.18
Copper4.30+0.03
Palladium2028.50+61.50
Platinum970.50+11.50
Oil111.45+1.17
Heating Oil3.65+0.03
Natural Gas8.13+0.05

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