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The potency of consumers -- and the prices they pay -- will be the market's focus in the coming week as retail and inflation data dominate the headlines.
"Next week we're going to get an inkling about how merry this Christmas is going to be," says Rich Yamarone, chief economist at Argus Research.
On Tuesday, the October producer price index, a key inflation measure, will be released. According to Thomson First Call, economists anticipate a rise of 0.1% in the PPI, less than the 1.9% jump in September. The core PPI, which excludes food and energy, is expected to rise 0.2%, down from 0.3% the prior month. ...
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