
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
In December, consumer price inflation in Great Britain drifted away from a five-year maximum, as official data disclosed on Tuesday.
The UK Office for National Statistics informed that the rate of consumer price inflation rallied from 2016 by a seasonally updated 3% the previous month, which is in line with hopes versus November’s 3.1% soar that had been the highest inflation since March 2012.
Month-over-month, in December consumer price inflation added 0.4%, which is also in line with estimates and compared to the 0.3% leap recorded the previous month.
Core CPI, excluding energy, alcohol, food and tobacco costs tacked on at a seasonally updated rate of 2.5% the previous month, which is below estimates for a 2.6% and 2.7% soar reported in November.
In December, the retail price index jumped by 4.1% on an annualized basis versus last month’s 3.9% ascend. Financial experts had hoped inflation would match November’s outcome.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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