Here come consumer prices … (DIA, SPY, SPX, QQQ, IWM)

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The latest report on consumer prices is set for release at 8:30 am ET. 

Expectations are for the report to show consumer prices rose 0.1% month-on-month in April. Compared to the prior year, however, headline consumer prices are expected to fall 0.2% in April. 

“Core” inflation, which excludes the price of food and energy, is expected to show a 0.2% monthly increase and a 1.7% increase over the prior year. 

We’ll be back with the live numbers when they drop. 

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