Money

These two reports could be the true tell for the economy

Written by Teunis Felter

Two key measures of inflation due out later this week — the Consumer Price Index and the Producer Price Index — are of particular concern. The Producer Price Index is due out Thursday before the market opens. Economists are forecasting 1.9 percent growth year over year and an unchanged figure month over month.
The Consumer Price Index is due out Friday before the opening bell. Economists are forecasting 1.7 percent growth year over year and 0.10 percent growth month over month.

http://www.cnbc.com/2017/07/10/cpi-and-ppi-reports-could-be-the-true-tell-for-the-economy-gibbs.html

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.