
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
UK employees are expected to face another hit to their spending power next year, while the vast majority of their peers in the world's other well-developed economies will enjoy small gains, as human resources company Korn Ferry informed on Tuesday.
A combination of high inflation, provoked in large part by the 2016 Brexit vote as well as poor wage surge means UK employees are expected to see their salaries dive in real terms by approximately 0.5% in 2018, according to a poll issued by the company.
As the most recent official data states, UK average weekly earnings declined by an annual 0.4% in the three months to September when updated for inflation.
Worldwide, inflation-adjusted wages are believed to soar by 1.5% in 2018, Korn Ferry told, which is the weakest forecast soar for five years. It definitely underscores the challenge for policymakers in many countries with low unemployment and poor wage surge.
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.
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
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.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
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