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September 13, 2017

AvaTrade, What to expect from US Consumer Price Index and Retail Sales Reports to be published this week?

Upcoming Reports: US Inflation and Sales. Action Before the Weekend for the US CPI & Retail Sales Ahead

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This article is originally referred from AvaTrade News.

The economic consumers reports are generally regarded as indicators of people’s trust in their country’s economy. Traders around the globe are now focused on consumers in the largest economy in the world.

The United States of America is expected to publish the Consumer Price Index and Retail Sales Reports on Thursday and Friday respectively.

While CPI results, which reveal inflation, were positive in August, they still remained below expectations. On the other hand, Retail Sales Reports showed imporvement after dropping four months straight.

Do you think that US consumers will continue trusting their economy?

Thursday, September 14th @ 12:30 (GMT)
Report Name CPI
 Previous / Expectation 0.1% / 0.3%
Report Name Core CPI
 Previous / Expectation 0.1% / 0.2%
Friday, September 15th @ 12:30 (GMT)
Report Name Retail Sales
 Previous / Expectation 0.6% / 0.1%
Report Name Core Retail Sales
 Previous / Expectation 0.5% / 0.5%

Contact your account manager today to get prepared for the action before the weekend!

Original Source: AvaTrade News

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