Economy Week Ahead: U.S. Inflation and Retail Sales in Focus

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Economy Week Ahead: U.S. Inflation and Retail Sales in Focus
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This week, new consumer-price figures are expected to show the latest trend for inflation in the U.S., while scheduled releases from China should offer clues on the strength of its economy

increased a seasonally adjusted 3% in January from the prior month, the largest monthly gain in nearly two years, following two consecutive months of declines., a measure of prices that suppliers charge businesses and other customers. The index rose 6% in January from a year earlier, compared with the prior month’s 6.5% rise.The latest economic news, analysis and data curated weekdays by WSJ's Jeffrey Sparshott.

The Labor Department reports the number of worker filings for unemployment benefits in the week ended March 11.The European Central Bank announces its latest interest-rate decision. The ECB raised by a half-percentage point last month, its fifth large increase in a row, and signaled another half-point rate increase is possible in March.. U.S. industrial production increased 0.8% in January from a year earlier, the smallest annual gain since March 2021.

The University of Michigan releases its preliminary reading of U.S. consumer sentiment for March. Consumer sentiment improved last month for the third consecutive month as households became more optimistic over the economic outlook.Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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