Big Inflation Prints on Deck This Week

Monday, May 13th, 2024We have an important week for the markets on tap. Wednesday brings us Consumer Price Index (CPI) numbers for April, which will be preceded by the Producer Price Index (PPI) wholesale report on Tuesday. Expectations for both are to tick up 10 basis points (bps) month over month but to come down year over year. Core year over year results are looking to reduce from the +2.8% reported a month ago on wholesale, and from +3.8% a month ago on retail. Any surprises to the downside may be cons ...