Markets Eye Producer Price Index This Week

The U.S. government is scheduled to release the Producer Price Index for January at 8:30 a.m. ET on Tuesday.

CNBC’s Dominic Chu said higher-than-expected data on consumer prices released last week sparked concerns of accelerated interest rates by the US Federal Reserve.

Producer prices slowed to a monthly rate of 0.2% overall in December. Analysts, however, expect producer prices rising 0.5% in January.

Food companies, including Shake Shack Inc. SHAK, The Kraft Heinz Company KHC and Weber Inc. WEBR, are all to release earnings this week. Hotel chains, including Marriott International, Inc. MAR and Hilton Worldwide Holdings Inc. HLT, will also release earnings this week.