FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Inflation data due at 7:00GMT (2/2)

UK DATA
  • Shop prices jumped by an annual rate of 0.8% in the final month of the year, accelerating from a 0.3% pace in November, according to the BRC. Used car prices are likely to added to the upward pressure on the index, rising by another record high of 30.5% in the year to December, jump from a 28.6% annual pace recorded in November, according to an index compiled by Autotrader.
  • However, a decrease in motor fuel prices could introduce a degree of downside risk to forecasts. Unleaded petrol fell by 0.5% to 146.1 pence a litre between November and December, after rising by 1.0% in the same period last year, according to AA. However, unleaded petrol prices rose by an annual rate of 27% last month. Motor fuel prices added 0.18 percentage points to the 1.1 percentage point jump in November CPI.
  • According to minutes of the December meeting, the Bank expects inflation to hover near an annual rate of 5% “through the majority of the winter period” before peaking at “around” 6% in April when the fuel cap sees energy price increases passed on to consumers.
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.