CPI, producer prices and retail sales reports arrive on successive days
Wall Street is preparing for three U.S. economic reports this week covering consumer prices, business costs and retail sales, according to the Associated Press. The reports cover prices for goods and services, costs facing businesses and monthly sales across a wide range of businesses.
The retail sales report will arrive Friday. It will provide details on monthly sales for a wide range of businesses and can give clues about how much people are spending and where they are focusing that spending.
The reports can provide a clearer picture of their impact on businesses and households, according to the Associated Press.
The producer price index will be released Thursday. It measures costs for businesses before those costs are passed along to consumers.
The PPI will give investors and economists a more detailed view of some of the inflation pressures facing companies, according to the Associated Press.
The consumer price index will be released Wednesday. The CPI is a detailed report covering prices for a wide range of goods and services.
Taken together, the reports will help investors and economists assess where prices are moving and how those movements affect businesses and households.