Weekly Market Note

Week of June 8–12, 2026

June 12, 2026 Main Management Research

This week’s round-up of economic releases and market insights.

In summary

Headline CPI accelerated to +4.17% Y/Y in May, in line with forecasts and the highest since May 2023. Core CPI rose to +2.82% Y/Y, but that was slightly below expectations, which was encouraging.
Both Headline and Core PPI posted big increases in May, above forecasts. Headline PPI is now up +6.42% Y/Y, the highest since November 2022; Core is at +4.90%, the highest since January 2023.
NFIB Small Business Optimism declined in May as more firms are planning to raise prices in the coming months.
The trade deficit narrowed more than expected in April as both Imports and Exports posted solid gains.
Michigan Consumer Sentiment rebounded in the preliminary May reading as inflation expectations pulled back.
Existing Home Sales posted a solid monthly increase despite elevated mortgage rates and prices.