Producer Price Index (PPI) fell 0.5% in December (consensus -0.1%) following a downwardly revised 0.2% increase in November (from +0.3%). Core-PPI, which excludes foods and energy, rose 0.1% in December (consensus +0.1%) after a prior revised 0.2% increase (from 0.4%).
Retail sales fell 1.1% in December (consensus -0.8%) following a revised 1.0% decline in November (from -0.6%). Retail sales, excluding autos, fell 1.1% in December (consensus -0.5%) following a prior 0.6% decline (from -0.2%).