There is more focus on the trade numbers (Friday) given the tensions with the US on tariffs and what have you.

CPI 1.9%

  • expected 1.9%, prior 1.8%
  • For m/m, -0.1%

PPI 4.7%

  • expected 4.5%, prior 4.1%
  • For m/m, +0.3%

Factory inflation comes in ahead of the median estimate

  • price of commodities cited
  • analysts say producer price gains at this rate are s is unlikely to be sustained - global demand not quite so strong ahead combine with slower growth of credit