September 11, 2023 13:29 GMT
July Activity Data This Week, CPI Reduces Chance Of September Easing
- Key data on economic activity, manufacturing production and retail sales for July will be released on Friday, as well as the latest central bank economist survey.
- The data will be closely scrutinised following the stubborn and above estimate inflation data last week. According to analysts, the chance of a BanRep rate cut has diminished significantly which runs contrary to the administration’s clear desire to boost the economy via immediate monetary easing.