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:
- CPI (MoM) is expected to remain unchanged and CPI (YoY) is expected to drop to 3.0%
- PPI Final Demand (MoM) turning positive from -0.5% to 1.0%
- Industrial Production (MoM) turning positive from -0.6% to 0.1%
