Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• PPI 0.3% m/m; range 0.1% to 0.5% (58 estimates)
• Core PPI 0.2% m/m; range -0.1% to 0.3% (52 estimates)
• Ex trade PPI 0.1% m/m; range -999998% to 0.2% (7 estimates)
• PPI 2.5% y/y; range 2.2% to 2.6% (22 estimates)
• Core PPI 2.1% y/y; range 2% to 2.3% (21 estimates)
• In July, the PPI fell 0.1 percent, the first decline since August 2016
• “Final demand and core wholesale prices have receded from the multi-year highs registered earlier in the year; that is good news for businesses, but bad news for policy makers who are looking for signs of higher inflation before moving to increase interest rates”: Bloomberg Intelligence

To contact the reporters on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Marco Babic