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 highlights are:

• Retail Sales (MoM) changing direction from -0.8% to 0.8%
• Core PPI (MoM) declining from 0.5% to 0.2%
• Import Price Index (MoM) declining from 0.8% to 0.3%