Wednesday preview: UK CPI, BoE's Bailey in focus

16th Apr 2024 13:31

(Sharecast News) - Investors' focus in the middle of the week will be on consumer price data due out on either side of the Channel.

At 0600 BST, the Office for National Statistics is expected to announce that CPI growth slowed from the 3.4% year-on-year pace observed in February to 3.1% for last month.

Also due out on home shores are producer price figures covering March.

Across the Channel, at 0900 BST Eurostat is expected to announce that the annual rate of increase in headline CPI slowed from 2.6% for February to 2.4% in March.

The preliminary estimate for core CPI meanwhile was decline from 3.1% to 2.9%.

Worth noting, Bank of England Governor Andrew Bailey is scheduled to deliver a speech at 1600 BST, followed by his opposite number at the European Central Bank, Christine Lagarde, at 1745 BST.

Wednesday 17 April

INTERIM DIVIDEND PAYMENT DATE

Diageo

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Harmonised Index of Consumer Prices (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

FINALS

Inspects Group , M Winkworth, Touchstar

AGMS

Hunting, Hunting, Team

TRADING ANNOUNCEMENTS

easyJet, Entain, Liontrust Asset Management

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)