Tuesday preview: US consumer prices, UK employment report in focus

by | Dec 12, 2022

All eyes on Tuesday would be on the US consumer price report for December.

Economists had penciled in further declines in the year-on-year rate of increase in headline and core CPI to 7.3% and 6.1%, respectively.

Analysts at MUFG on the other hand had flagged the risk of a stronger reading for underlying inflation.

Ahead of that key release, at 0700 GMT the Office for National Statistics would publish its unemployment report for the month of October.

Consensus was for the unemployment rate for the three months to October to have ticked up by one tenth of a percentage point to 3.7%.

However, economists at Barclays Research were anticipating a steady reading on the back of declining participation in the labour force which in turn was expected to keep wage growth strong.

In the Eurozone, at 1000 GMT the ZEW institute would release its closely followed economic confidence index for Germany in December.

Overnight, the Bank of Japan would publish the results of its Tankan survey of business confidence among large enterprises.

Tuesday 13 December

FINALS

Chemring Group, Hyve Group, Image Scan Holdings

INTERIMS

Sosandar

TRADING ANNOUNCEMENTS

Ocado Group

AGMs

Amedeo Air Four Plus Limited Red Ord NPV, Blancco Technology Group, Softcat, Avation, Macau Property Opportunities Fund Ltd.

GMs

Spectris

ANNUAL REPORT

Benchmark Holdings

FINAL DIVIDEND PAYMENT DATE

Pan African Resources

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

ZEW Survey (GER) – Economic Sentiment (10:00)

ZEW Survey (EU) – Economic Sentiment (10:00)

ZEW Survey (GER) – Current Situation (10:00)

Current Account (GER) (11:30)

Consumer Price Index (GER) (13:30)

Related articles

Friday preview: UK data and US inflation stats in focus

Friday preview: UK data and US inflation stats in focus

(Sharecast News) - There will be an absence of corporate results on Friday as markets wind down for the Christmas holiday, but that won't stop a flurry of economic data announcements from being released from the UK and US. After strong gains in recent weeks, stock...

Trending stories

Join our mailing list

Subscribe to our mailing list to receive regular updates!

x