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Intensifying violence in the Middle East has in the past led to higher prices, oil industry experts noted, but once oil traders recognize that the situation is more stable than news reports might indicate, prices usually drift down.
Vendors, however, are under no legal obligation to indicate prices, and a major criticism by consumer groups has been that, even when prices are indicated, it is often difficult to make price comparisons because of the lack of standardization of the weights or volumes of packages in which a product is sold.
Traders have been closely watching the ABX indexes, which indicate prices for credit-default swaps linked to subprime bonds.
Unfortunately, most published studies do not indicate prices of individual resource items, which makes detailed comparisons between studies very difficult.
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"I see things to indicate pricing will be far more stable than last year," he said.
But Amazon's service will have a $299 annual fee, though the deadline to subscribe has been pushed back repeatedly (which may indicate pricing could be a concern).
And yet clearly, as the 200,000 unsold TouchPads allegedly sitting in Best Buys across the country indicate, price is not the only factor.
Although not a trend yet, Nationwide's latest house price index indicated prices rose slightly in March.
According to the Standard & Poor 's/Case-Shillerindex, home prices in May posted their first monthly increase since the summer of 2006, indicating prices may finally be stabilizing.
A bigger drop, to 63.0 from 65.0, is seen in the survey component indicating prices paid by manufacturers for parts and raw materials.
Conflicting information about the strength of the housing market as lenders announced the number of new loans fell 8% in August compared to July but the government's house price index indicated prices had risen month on month.
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