9 June Week Ahead: US CPI, Adobe Earnings & More
The second week of June 2025 is shaping up to be busy, with key economic updates from the world’s biggest economy (the US) and earnings reports from companies like Adobe.
Here's what to watch for:

US CPI
The Consumer Price Index (CPI) report for May 2025 in the United States is due for release on Wednesday, 11 June 2025, at 8:30 a.m. Eastern Time.
Expectations and Recent Trends
While no official consensus forecasts for May have been published yet, recent data and analyst commentary may provide some indication of what to expect.
In April 2025, the CPI rose by 0.2% month-on-month, with annual inflation at 2.3%, slightly below the forecasted 2.4%.
The core CPI, which excludes food and energy prices, also increased by 0.2% month over month and by 2.8% year over year. (Source: Trading Economics)
Market Outlook
Economists are continuing to look for signs of moderating inflation, although core inflation remains above the Federal Reserve’s 2% target. Some analysts anticipate upward pressure from recent tariffs, although the full impact is unlikely to be evident immediately.
Adobe Earnings Report
Adobe Inc. will announce its financial results for the second quarter of fiscal year 2025 after the U.S. market closes on Thursday, 12 June 2025. A conference call with investors will follow the earnings release.
What to Expect
EPS: Analysts expect Adobe's adjusted earnings per share (EPS) to be around $4.97, with projections ranging from $4.96 to $5.00.
Revenue: Forecasts suggest revenue will come in around $5.8 billion, within a range of $5.77 billion to $5.82 billion. (Source: Business Wire)
Comparison to Last Year
In the same quarter last year, Adobe reported an EPS of $4.48 and revenue of $5.31 billion, reflecting strong year-over-year growth.
Investor Focus
Markets will be particularly attentive to any updates on Adobe’s progress in monetising artificial intelligence, product innovation, and its broader growth strategy. The company’s strong track record of surpassing analyst expectations and management’s recent reaffirmation of full-year guidance underlines its confidence in AI-driven expansion. (Source: MorningStar)
More Data to Watch
Tuesday, 10 June
Producer Price Index (PPI)
Core PPI (Excluding Food, Energy, and Trade)
NFIB Small Business Optimism Index
Redbook Retail Sales (Year-on-Year)
Treasury Auctions
Wednesday, 11 June
Treasury Auctions
Thursday, 12 June
Federal Reserve Balance Sheet Update
Friday, 13 June
University of Michigan Consumer Sentiment (Preliminary)
New York Fed Staff Nowcast (GDP Estimate)
Conclusion
With major U.S. inflation data and Adobe’s earnings report on the horizon, the second week of June 2025 will be pivotal for markets. Investors will closely watch economic indicators and corporate performance for signs of inflation trends, consumer sentiment, and the broader economic outlook.