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Economic agenda: Friday, Aug. 13, 2010

At 8:30 a.m -- The Labor Department issues data on inflation for July. Economists surveyed by Bloomberg are expecting a 0.2 percent increase in the consumer price index from June. Excluding volatile food and energy prices, the CPI is expected to rise 0.1 percent.

At 8:30 a.m. -- The Commerce Department releases data on retail sales for July. Economists are expecting an increase of 0.5 percent from June. Excluding autos and gasoline, sales are expected to have increased just 0.1 percent.

At 9:55 -- The University of Michigan publishes its closely watched gauge of consumer confidence for August. The index is expected to rise to 69 from 67.8 in July.

At 10 a.m. -- The Commerce Department issues data on business inventories for June. Economists are predicting an increase of 0.2 percent.

At 11:30 a.m. -- Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, is scheduled to speak.

By Mike Shepard  |  August 13, 2010; 8:05 AM ET
Categories:  *Economic agenda  
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Next: Morning briefing: Strong GDP growth in Eurozone, Germany, Hong Kong

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