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Key Takeaways
- Relatively lightweight economic agenda during the trading week
- Key inflation data coming in from the UK, the US, Canada, and Europe
The week starting Monday, September 13, will be fairly light on the scheduled economic events front. Nevertheless, crucial inflation data will reveal whether several large economies have managed to decelerate surging consumer prices.
Skipping Monday for lack of any major economic data, investors shift their focus to Tuesday when at 08:30 am EST, the US Bureau of Labor Statistics will release the Core CPI report for August, on a monthly basis.
The Core Consumer Price Index is a key way to measure purchasing trends and inflation as it tracks price changes of goods and services, excluding the volatile sectors of food and energy.
On Wednesday, the UK will release its consumer price report for August. The release, expected at 02:00 am EST, will show at what pace prices changed compared with a year ago.
Mid-Week Data From Canada and New Zealand
Canada will publish its Core CPI at 08:30 am EST. The core consumer price numbers for the Canadian economy will highlight price changes on a monthly basis.
At 06:45 pm EST, New Zealand will announce its gross domestic product (GDP) figures for the second quarter, on a quarterly basis. At 09:30 pm EST, Australia will report its employment change data for August.
Thursday brings the US core retail sales and retail sales data for August, on a monthly basis. The set of reports is slated for 08:30 am EST. The weekly jobless claims will also be revealed at the same time.
On Friday, the UK will deliver its retail sales data for August, on a monthly basis. The report is set for 02:00 am EST. Later, at 05:00 am EST, the CPI report for the eurozone will show whether inflationary pressures in the euro area have faded in August, on an annualized basis.
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