Consumer Goods & Materials: Consumer Price Index (CPI) rose 0.2% (MoM)(Jul). The annual measure was 2.7%. Producer Price Index (PPI) climbed 0.9% (MoM)(Jul), higher than forecast. PPI measures prices at the wholesale level and is a leading indicator of consumer inflation.
Be sure to check out more of last week’s leading indicators here. Stay tuned for Market Thoughts.
~ Your future… Our Services… Together! ~
Your interest in our articles helps us reach more people. To show your appreciation for this post, please “like” the article on one of the links below:
FOR MORE INFORMATION:
If you would like to receive this weekly article and other timely information follow us, here.
Always remember that while this is a week in review, this does not trigger or relate to trading activity on your account with Financial Future Services. Broad diversification across several asset classes with a long-term holding strategy is the best strategy in any market environment.
Any and all third-party posts or responses to this blog do not reflect the views of the firm and have not been reviewed by the firm for completeness or accuracy.