Yahoo TV

The Producer Price Index (PPI) will be released on Friday morning, which will give a further read on inflation after today's CPI report. The University of Michigan's preliminary reading on consumer sentiment will also be released on Friday. Yahoo Finance's Seana Smith breaks down what to watch.

More Yahoo Finance inflation coverage:

• Stocks climb as inflation ticks up but trends stay positive: Stock market news today

• Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls

• Inflation: Grocery prices are back up (slightly), beef prices jump

• Housing costs are a big driver of inflation — for now

• July inflation report: New and used car prices keep falling

• July CPI report: Monthly inflation falls in line with estimates, rises by 0.2%

• Inflation moderating, Disney earnings, Alibaba revenue: 3 Things