Producer Price Index (PPI)
Coverage of Producer Price Index (PPI) in the Nexus archive.
- Wall Street week ahead: inflation, retail sales updates
Wall Street's focus this week centers on reports concerning inflation and retail sales, which help assess pricing for goods and services. On Wednesday, the U.S. will release its consumer price index (CPI), followed by the producer price index (PPI) on Thursday. These updates are crucial because stubborn inflation could hurt consumer spending, influencing the Federal Reserve's decisions regarding interest rates.
- Wall Street week ahead: inflation, retail sales updates
Wall Street's focus this week centers on updates regarding inflation and retail sales. Key economic reports scheduled include the Consumer Price Index (CPI) for July on Wednesday, the Producer Price Index (PPI) for July on Thursday, and the retail sales report for July on Friday. These data points are crucial as they inform perspectives on pricing, business costs, consumer spending, and the actions expected from the Federal Reserve regarding interest rates.
- Why Is The Crypto Market Down Today?
The crypto market is down due to high inflation prints, with April CPI at 3.8% and PPI at 6%. This indicates a potential economic downturn affecting cryptocurrency markets. The recent inflation data has led to a decline in crypto market performance.