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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.
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.
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Although not a trend yet, Nationwide's latest house price index indicated prices rose slightly in March.
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.
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.
But a scan of HP's Web site indicates prices are within a few dollars of Dell's.
Traders have been closely watching the ABX indexes, which indicate prices for credit-default swaps linked to subprime bonds.
An index value above 1 indicates prices above the German average for a certain property type in a specific postal code area.
Unfortunately, most published studies do not indicate prices of individual resource items, which makes detailed comparisons between studies very difficult.
Yet the month-on-month figure showed the producer price index had risen 0.3 percent between February and March, which indicates price pressures may indeed be building.
"I see things to indicate pricing will be far more stable than last year," he said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com