Retail Sales up but Less than Expected.

PPI-FD (March 2015)

– PPI-FD month/month +0.2%. Previous was -0.5%
– PPI-FD year/year    -0.8 %. Previous was  -0.7%
– PPI-FD core (less food & energy) month/month  +0.2%. Previous was -0.5
– PPI-FD core (less food & energy) year/year +0.9%. Previous was +1.0%
– PPI-FD less food, energy & trade services month/month  +0.2%. Previous was +0.0%
– PPI-FD less food, energy & trade services year/year    +0.8%. Previous was +0.7%
– PPI-FD Goods month/month    +0.3%
– PPI-FD Goods month/month    -4.3%
– PPI-FD Services month/month  +0.1%
– PPI-FD Services year/year    +0.9%

PPI is inflation at the wholesale level.

 
Retail Sales  (March 2015)

– Retail Sales month/month +0.9%. Previous was -0.5%
– Retail Sales less autos month/month +0.4%. Previous was +0.0%
– Less Autos & Gas month/month +0.5%. Previous was -0.3%.

The gain in Retail Sales was less than expectation.

 
Redbook Chain Store Sales (week ended 4/11/2015)

– Store Sales year/year  +1.1%. Previous was +3.4%.

This is only about the moving nature of the Easter Holiday. The sale of Peeps plummeted last week.

 

NFIB Small Business Optimism Index (March 2015)

– Optimism level  95.2. Previous was 98.0

 

Business Inventories (February 2015)

– Inventories month/month +0.3%. Previous was +0.0%.

This is a component of GDP.