This week is inflation week, with three key CPI releases scheduled. On Wednesday, the UK will publish its CPI data, with the market expecting a 0.2% increase in inflation to 4.0%. Following a similar trend, South Africa’s CPI, also due on Wednesday, is expected to rise slightly by 0.1% to 3.4%. In the US, ongoing government shutdown disruptions may affect the CPI data release; however, Friday’s print is expected to show a 0.2% increase, bringing inflation to 3.1%.
A reminder of our new Forecast Section introduced last week on Page 3 , this section provides annual forecasts for inflation, currencies, and central bank rates, based on the latest Bloomberg surveys and projections submitted by major global banks. It offers insight into what the market expects across key economic regions over the coming years.
