From: Zero Hedge
8:07am - September 14, 2011Retail sales, producer prices and business inventories. Also get the final of this week's bond auctions in the form of a $13 billion 30 Year?8:30: Producer Price Index (August): Flat headline. We forecast that the August Producer Price Index (PPI) was about unchanged month-over-month. We expect declines on net in the finished food and energy sub-components, reflecting weakness in commodity prices over the last few months. In contrast, we expect a trend-like increase of 0.2% (month-over-month) in the core PPI. Yesterday?s stronger-than-expected import price report suggests some upside risk to our forecasts for the PPI.PPI: GS: Flat; Consensus: Flat; Last +0.2%.Core PPI: GS: +0.2%; Consensus: +0.2%; Last +0.4%. MAP: 2?8:30: Retail sales (August): Holding up. Goldman forecasts that retail sales held up well last month despite a sharp deterioration in consumer confidence. We for...
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