30 November 2022
Emily Nicol
- Chinese PMIs disappoint in November, with a marked deterioration in manufacturing and non-manufacturing conditions
- While French inflation moved sideways, a sharp drop in Dutch inflation along with declines in Germany and Spain will see flash euro area inflation estimate fall back
- UK shop price inflation jumps to a new series high
- All eyes on Fed Chair Powell’s keynote speech for hints on near-term policy
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29 November 2022
Emily Nicol
- Early estimates from the Länder suggests that German inflation eased by around ½ppt in November
- European Commission’s surveys likely to signal a stabilisation of sentiment in November
- BoE bank lending figures to show subdued consumer credit growth and drop in mortgage approvals
- US consumer confidence set to weaken as house prices continue to fall
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28 November 2022
Emily Nicol
- Japanese retail sales and industrial production data this week set to provide mixed message about the economic performance at start of Q4; MoF’s capex survey results to feed into updated Q3 GDP estimate
- European Commission’s sentiment survey set to report some stabilisation this month
- UK retail survey likely to report subdued sales growth as cost of living crisis offsets Black Friday discounting
- US labour market report at the end of the week expected to report a slowdown in the jobs market
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14 November 2022
Emily Nicol
- Euro area IP data likely to report a broadly sideways trend in Q3 despite modest growth in September
- UK labour market figures expected to report a very tight jobs market, despite an anticipated decline in employment; CPI inflation set to have jumped in October; Friday’s retail sales data likely to maintain downwards trend
- UK’s updated fiscal strategy likely to signal a return to fiscal austerity and higher taxes
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14 November 2022
Emily Nicol
- In Japan, Q3 GDP and CPI inflation figures the data highlights
- Euro area IP expected to report a broadly sideways trend in Q3
- UK labour market figures expected to report a very tight jobs market; CPI inflation and retail sales data also feature this week
- US PPI numbers will be watched for further moderation in price pressures, while retail sales figures are expected to rebound amid a strong increase in autos sales
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