The Week Ahead
Thursday, Apr. 13, 8:30 a.m. EDT -- Retail buying probably increased by 0.4% in March, says the median forecast of economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies. Excluding cars, sales likely grew 0.5%. In February, record car sales pushed retail sales up 1.1%. But even without vehicles, sales jumped 1%.
PRODUCER PRICE INDEX
Thursday, Apr. 13, 8:30 a.m. EDT -- Higher energy prices meant that producer prices of all finished goods likely rose 0.5% in March, after a 1% jump in February. Exclude the effects of food and energy, however, and core prices probably rose a smaller 0.2% last month, following a 0.3% gain in February.
CONSUMER PRICE INDEX
Friday, Apr. 14, 8:30 a.m. EDT -- Consumer prices in March were probably up 0.4%, again because of higher energy prices. Total prices rose 0.5% in February. Core prices, which exclude food and energy, likely grew 0.2%, the same as in February.
Friday, Apr. 14, 8:30 a.m. EDT -- Stockpiles at manufacturers, wholesalers, and retailers probably grew by 0.4% in February, after a large 0.5% gain in January.
Friday, Apr. 14, 9:15 a.m. EDT -- Output at factories, mines, and utilities probably rose by 0.4% in March, forecasts the S&P MMS survey. That is consistent with the level in the purchasing managers' index of production, and it follows a 0.3% rise in February. The modest increase in output suggests that March's average operating rate for all industry rose to 81.8%, from February's 81.7%.