Full Plate: Lots To Digest As Investors Process Stronger-than-Expected PPI, Mixed Retail Sales

(Thursday market open) A host of fresh economic data early Thursday showed the U.S. consumer and labor market remain in relatively good health, but wholesale inflation is ticking up a bit more than expected. The calculus isn’t likely to affect next week’s interest-rate decision by the Federal Reserve, but it could have an impact on the Fed’s November meeting. The headline Producer Price Index (PPI) for August rose a stronger-than-expected 0.7%. Analysts had estimated 0.6%. The increase was mostly driven by rising gas prices, and core PPI, which strips out food and energy, rose just 0.2%—in lin…

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