From Real Time Economics:
Energy-Price Drop to Show Up in Data
Readings on the U.S. economy pick back up in the coming week, and many will capture the effects of last month’s sharp drop in energy prices.
A trio of inflation prints will each likely see headline results fall on a month-to-month basis because of tumbling energy costs. This includes the consumer price index, due Thursday, with economists surveyed by Dow Jones Newswires expecting a 0.3% drop. Without taking food and energy prices into account, the core index is seen up 0.2%.
Producer prices Wednesday is expected down 0.6%, while its core index is expected to rise 0.1%. Import prices are expected down 0.5%, which would come on top of March’s drop by the same amount....MORE
