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May 13, 2026 1:38 PM UTC
We expect April retail sales to increase by 0.7% overall with a rise of 0.9% ex autos, but only 0.5% ex autos and gasoline, the latter a marginal slowing from two straight 0.6% increases. Still, consumer spending continues to appear resilient to significant headwinds.

May 13, 2026 1:13 PM UTC
After a surprisingly low March, which saw modest upward revisions, April PPI has rebounded above expectations, rising by 1.4% overall, 1.0% ex food and energy and 0.6% ex food, energy and trade. March and April together show the strength of January and February’s core rates persists, with energy,
May 12, 2026 1:40 PM UTC
We expect PPI to rise by 0.5% overall in April for a third straight month. We expect the lift from energy to be less sharp than in March, but the core rates to pick up from below trend March gains, ex food and energy to 0.3% from 0.1%, and ex food, energy and trade to 0.4% from 0.2%.

May 12, 2026 1:08 PM UTC
April CPI is only marginally stronger than expected on the core rate, up by 0.4%, 0.376% before rounding, and the data not alarming outside of a one-time distortion in housing. The headline gain of 0.6% was as expected, and here the rise was a little firmer at 0.64% before rounding.