Economic Events on January 14, 2011

At 8:30 AM EST, the Consumer Price Index report for December will be released.  The consensus is that CPI increased by 0.4% last month, with a 0.1% increase in CPI when food and energy are removed.

Also at 8:30 AM EST, the Retail Sales report for December will be released.  The consensus is that retail sales increased 0.8% from November, after a 0.8% increase last month.

At 9:15 AM EST, the Industrial Production report for December will be released.  The consensus is that there will be an increase 0f 0.5% in production and an increase of 0.4% in industrial capacity utilization.

At 9:55 AM EST, Consumer Sentiment for the first half of January will be announced.  The consensus is that the index will be at 75, which would be an improvement of 0.5 points from the level reported in the second half of last month.

At 10:00 AM EST, the Business Inventories report for November will be released.  The consensus is that inventories increased 0.7% from October.

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