July 7th - 11th, 2008 |
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Import Price Index (June, Friday 8:30) F: 1.6% C: 1.8% P: 2.3% Rising energy prices and dollar weakness continue to boost import prices. On a year-over-year basis, import prices have risen at double digits rates, reaching 17.8% in May, the highest since April 1989. Higher import prices inflation posse an important risks to core CPI outlook. However, this risk may be counterbalanced by the current economic downturn. Pending Home Sales (May, Tuesday 10:00) F: -2.2% C: -2.5% P: 6.3% In line with
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