U.S. ECO PREVIEW: PPI, Jobless Claims Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- PPI 0% m/m; range -0.2% to 0.3% (60 estimates)
- Core PPI 0.2% m/m; range 0% to 0.3% (52 estimates)
- Ex trade PPI 0.2% m/m; range 0.1% to 0.2% (8 estimates)
- PPI 2.4% y/y; range 2.2% to 2.6% (20 estimates)
- Core PPI 1.8% y/y; range 1.2% to 1.9% (19 estimates)
- "Energy prices likely kept the headline contained in March": Bloomberg Intelligence
- The PPI has been on the rise since September
- In a prelude to today’s report, the government on Wednesday reported the March import price index declined for the first time since November--
- Initial Claims 245k; range 235k to 257k (43 estimates)
- Cont. Claims 2024k; range 2000k to 2045k (6 estimates)
- April data seen returning to recent trend
- "Jobless claims were volatile in March, largely due to storm-related disruptions": Bloomberg Intelligence
- In the week ended April 1, claims dropped by 25,000 to a five-week low of 234,000
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283