Key CPI and PPI readings are on tap next week
Next week, investors will turn their attention to more inflation data. The consumer price index (CPI) and producer price index (PPI) readings are due out, both of which will help economists gauge the health of the economy. Outside of inflation data, retails sales and more jobs data are slated for release.
Earnings season is beginning to slow down, but investors can expect reports from retailers including Dick’s Sporting Goods (DKS), Dollar General (DG), Dollar Tree (DLTR), Kohl’s (KSS), Ulta Beauty (ULTA), and Zumiez (ZUMZ). In addition, Adobe (ADBE), Lennar (LEN), Oracle (ORCL), and UiPath (PATH) will also divulge results.
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
No economic indicators are scheduled for Monday, March. 11.
On Tuesday, March 12, the CPI readings will be released, as well as the National Federation of Independent Business (NFIB) optimism index, and the monthly federal budget.
Wednesday, March 13 is another slow session, with a bare economic data slate.
Alongside the usual jobs data, the PPI reading, retail sales data, and business inventories are due out Thursday, March 14.
To close out the week, Friday, March 15 features the Empire State manufacturing survey, import price index, industrial production, capacity utilization, and a preliminary consumer sentiment gauge.