Market Update: PPI and Retail Sales Results Come in Lower Than Expected
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There's a lot of economic data scheduled to be released today. However, we'll go over the most important ones you need to know about - the Producer Price Index (PPI) and Retail Sales. The Producer Price Index essentially measures the inflation of goods sold by manufacturers and is considered to be a leading indicator of consumer inflation. When stripping out food and energy from the measure, we get core PPI. Today's numbers for December came in as follows:
Market Update: PPI and Retail Sales Results Come in Lower Than Expected
Market Update: PPI and Retail Sales Results…
Market Update: PPI and Retail Sales Results Come in Lower Than Expected
There's a lot of economic data scheduled to be released today. However, we'll go over the most important ones you need to know about - the Producer Price Index (PPI) and Retail Sales. The Producer Price Index essentially measures the inflation of goods sold by manufacturers and is considered to be a leading indicator of consumer inflation. When stripping out food and energy from the measure, we get core PPI. Today's numbers for December came in as follows: