PPI, FOMC Minutes, Existing Home Sales, Leading Indicators and Jobless Claims |
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Headline Producer Price Index (PPI) & Core (April, Tuesday 8.30 ET) F: 0.8, 0.2% C: 0.4, 0.2% P: 1.1, 0.2% We expect PPI inflation to moderate in April as energy prices increased at a slower rate than in the previous month. Excluding food and energy, core inflation probably remained steady at 0.2%. Trends at the earlier stages of production have become worrying. Over the past eight months, year-overyear core PPI inflation has accelerated both for intermediate goods and crude materials.
Filed under: Fundamental
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