Today, the European morning will start off with the UK’s CPI figures for the month of June. Also, UK will release the Retail Price Index numbers and the PPI Output figures for the month of June. Just half an hour later, the eurozone will present its inflation numbers, both headline and core. An hour before the US opening bell, the United States will deliver its housing and building statistics. At the same time as the US data comes out, Canada will release its inflation numbers for the month of June.
UK and EU Inflation Numbers
Today, the European morning will start off with the UK’s CPI figures for the month of June. The country will provide us with its MoM and YoY numbers, which, so far, are expected to have remained the same as the previous month’s. The headline MoM is forecasted to come out at +0.3%, whereas the headline YoY number is expected to be +2.0%. This figure is...
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