Halister News

(Bloomberg) -- Retail sales seen rising 0.1% m/m in June after increasing 0.5% in May (forecast range -0.5% to +0.3%).

• Sales posted back-to-back gains in May, April for first time since Nov., Dec. 2015
• June sales headline will probably be depressed by weak auto sales, as indicated by industry data; could raise concern about “broader consumer retrenchment": Bloomberg Intelligence
• Separately:
  • Consumer price index seen rising 0.2% m/m in June, same as May (forecast range +0.1% to +0.4%)
  • Empire State Manufacturing Survey seen at 5 in July vs 6.01 in May (forecast range 0 to 10.2); tracks sentiment among manufacturers in New York Fed district