Wholesale inflation: US producer prices are expected to have risen 2.2 per cent on an annual basis in March, up from a reading of 1.6 per cent in February that was higher than expected. The “core” measure, which strips out volatile food and energy prices, is expected to have risen 2.3 per cent from a year ago.
Constellation Brands: The producer of Modelo, the top-selling beer in the US, is forecast to post earnings of $2.04 a share in its fiscal fourth quarter, almost 70 per cent higher than a year earlier. Modelo, which is brewed in the US by Constellation, eclipsed Bud Light last year to become the country’s best-selling beer by volume.
Jobless claims: New applications for US state unemployment aid are expected to come in at 215,000 in the week ending April 6, down from 221,000 in the prior week.
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