We’re in for a busy week for economic news and pointers. Here’s what to expect:
Consumer price inflation due later today (September 13) is expected to have risen to 0.7% in August from 0.6% in July, taking it to the highest level since November 2014.
Producer price data for August (also today) will likely show a further increase in output and (especially) input prices as sterling’s drop impacts.
Figures out tomorrow (Wednesday) are expected to show the labour market softened slightly in the immediate aftermath of the UK’s decision to leave the EU but was still petty resilient.
Average weekly earnings growth for July set to modest continuation (+2.1 per cent year-on-year.
Retail sales info due on Thursday should show sales volumes fell back 0.5% month-on-month in August after spiking 1.4% in July. This would cause the year-on-year increase to ease back to 5.3% in August from 5.9% in July.