CPI, jobless claims, and oil inventories highlight Thursday’s economic data

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Thursday, November 13, 2025. The Consumer Price Index (CPI) will take center stage, offering insights into inflation trends that could influence Federal Reserve policy decisions. Initial jobless claims will provide a snapshot of the labor market’s health, while EIA crude oil inventories data will offer perspective on energy demand and potential inflationary pressures. These key indicators will be closely monitored by investors seeking direction in an increasingly complex economic landscape.

Major Economic Events to Watch

• 8:30 AM ET - CPI (Previous:0.3%): The Consumer Price Index measures changes in the price of goods and services from the consumer perspective, serving as a key inflation indicator.

• 8:30 AM ET - Core CPI (Previous:0.2%): This measures price changes excluding volatile food and energy components, providing insight into underlying inflation trends.

• 8:30 AM ET - CPI Year-over-Year (Previous:3.0%): The annual inflation rate offers a broader view of price pressures in the economy.

• 8:30 AM ET - Initial Jobless Claims (Previous:218K): This data shows first-time unemployment insurance filings, offering an early signal of labor market conditions.

• 12:00 PM ET - EIA Crude Oil Inventories (Forecast:1.000M, Previous: 5.202M): This weekly change in commercial crude oil barrels held by US firms influences petroleum prices and potential inflation impacts.

Other Important Economic Events to Watch

• 8:00 AM ET - FOMC Member Daly Speaks: San Francisco Fed President Mary Daly’s comments may provide clues about future monetary policy direction.

• 4:30 PM ET - Fed’s Balance Sheet (Previous:6,573B): This statement lists Federal Reserve System assets and liabilities, offering insights into monetary policy implementation.

• 4:30 PM ET - Reserve Balances with Federal Reserve Banks (Previous:2.852T): Shows funds that depository institutions maintain at regional Federal Reserve Banks.

• 2:00 PM ET - Federal Budget Balance (Forecast:-215.3B, Previous: 198.0B): Measures the difference between federal government income and expenditure for the month.

• 1:00 PM ET - 30-Year Bond Auction (Previous:4.734%): The yield on this Treasury auction reflects investor sentiment about long-term government debt.

• 12:00 PM ET - EIA Weekly Cushing Oil Inventories (Previous:0.300M): Tracks crude oil storage levels at this key delivery point for U.S. benchmark West Texas Intermediate.

• 8:30 AM ET - Continuing Jobless Claims (Previous:1,926K): Measures ongoing unemployment benefit recipients, providing insight into labor market recovery.

• 4:00 AM ET - IEA Monthly Report: The International Energy Agency’s analysis covers major issues affecting the world oil market and provides outlook for crude oil developments.

• 8:30 AM ET - Nonfarm Productivity (Previous:3.3%): Measures changes in labor efficiency when producing goods and services outside farming.

• 8:30 AM ET - Core CPI Year-over-Year (Previous:3.0%): Annual change in core inflation helps assess longer-term price trends.

• 8:30 AM ET - Unit Labor Costs (Previous:1.0%): Measures changes in the price businesses pay for labor, a leading indicator of consumer inflation.

Other Economic Events to Watch

• 12:00 PM ET - EIA Weekly Distillates Stocks (Previous:-0.643M): Reports inventory levels of distillates, providing insight into petroleum demand.

• 8:30 AM ET - CPI Index, n.s.a. (Previous:324.80): The non-seasonally adjusted consumer price index value.

• 8:30 AM ET - CPI, n.s.a (Previous:0.25%): Non-seasonally adjusted consumer price changes.

• 12:00 PM ET - EIA Weekly Crude Imports (Previous:0.867M): Tracks changes in crude oil import volumes.

• 12:00 PM ET - EIA Weekly Refinery Utilization Rates (Previous:-0.6%): Shows capacity utilization at U.S. refineries.

• 8:30 AM ET - Core CPI Index (Previous:330.54): The index value for core consumer prices.

• 12:00 PM ET - EIA Weekly Heatoil Stock (Previous:-0.036M): Tracks heating oil inventory changes.

• 12:00 PM ET - EIA Refinery Crude Runs (Previous:0.037M): Measures the amount of crude processed by refineries.

• 12:00 PM ET - Gasoline Inventories (Previous:-4.729M): Tracks changes in commercial gasoline storage levels.

• 12:00 PM ET - EIA Weekly Distillate Fuel Production (Previous:0.211M): Measures production volume of distillate fuels.

• 12:00 PM ET - EIA Weekly Gasoline Production (Previous:0.241M): Tracks production volume of gasoline.

• 8:30 AM ET - CPI Index, s.a (Previous:324.37): The seasonally adjusted consumer price index value.

• 11:30 AM ET - 8-Week Bill Auction (Previous:3.815%): Rate on short-term Treasury Bill auction.

• 11:30 AM ET - 4-Week Bill Auction (Previous:3.875%): Rate on very short-term Treasury Bill auction.

• 11:00 AM ET - Cleveland CPI (Previous:0.2%): Consumer price changes in the Cleveland metropolitan area.

• 8:30 AM ET - Jobless Claims 4-Week Avg. (Previous:237.50K): The four-week moving average of initial unemployment claims.

For further information and the latest updates, please refer to our Economic Calendar, here

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.