Wednesday’s July CPI report will be Wall Street’s first key read, with economists expecting consumer inflation to remain above 3%.
Thursday’s PPI data will show pipeline cost pressures on businesses before they reach consumers, adding detail on how persistent inflation may be.
Friday’s retail sales report will indicate how much households spent in July and where demand is holding up or weakening.
The three reports matter because stubborn price growth could curb consumer spending and shape the Federal Reserve’s expected interest-rate increase before year-end.