By: Bloomberg Finance L.P. and Wells Fargo Economics

Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts.

The most significant changes in expectations came from:

• Import Price Index (YoY) increasing from -3.0% to -1.4%, but still remaining negative
• Core CPI (YoY) declining by 0.2 ppt from 4.3% to 4.1%
• CPI (MoM) declining by 0.3 ppt from 0.6% to 0.3%