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The tepid increase added to expectations that the Fed would announce additional stimulus after its policy meeting on Thursday.
From April 2003 to mid-May 2004, the diesel fuel cost increase added 2 cents a gallon to delivery expenses, Mr. Cotterill said.
The largest change is elimination of an automatic 3.3percentt increase added since 1960 to account for builders who did not take out building permits.
The G.O.P.'s refusal to contemplate any tax increase, added Cowen, "has brought what seems to be an extreme Democratic response: President Obama's latest budget plan is moving away from entitlement reform and embracing multiple tax increases on the wealthy.
The Bank of England's governor, Mervyn King, said previously that he expected inflation to rise further this year as a sales tax increase added to higher oil and commodity prices, before falling again because of weaker economic growth.
"WHEN circulating libraries were first opened," wrote Charles Knight in 1854, "the booksellers were much alarmed; and their rapid increase added to their fears, and led them to think that the sale of books would be much diminished by such libraries.
Similar(48)
The increase adds to evidence that a sluggish economic recovery is gathering momentum.
That increase add roughly $475 to the average single family homeowner's tax bill.
Each additional $100 billion increase adds a percentage point to the G.D.P.'s growth rate.
The energy burden on our trade deficit would only increase, adding to our economic distress.
That increase adds more than $18 to the cost of a full tank for a Ford F-150 or Chevrolet Tahoe.
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