UK Inflation

All the measures of consumer price inflation released surprised markets on the higher side in a big way.

ONS says CPI grew by 1.9% in June, an acceleration on May, putting pressure on household incomes.

For Mark Carney, BoE policy review provides an opportunity to clarify present situation or future.

DWP data shows housing costs and falling wages push 600,000 more below absolute poverty line.

At the BoE inflation report hearings, the market will be looking for more cues for Sterling as governor Carney has already given a big verbal boost to the currency.

ONS said UK CPI inflation fell to 1.5% in May, but higher commodity prices may force this back up.

UK consumer price and factory gate inflation data and Germany ZEW survey are watched ahead of US CPI inflation and housing starts.

Week to June 20 marked by FOMC policy decision and policy meeting minutes from BoE, RBA and BoJ.

Inflation data and BoE minutes next week will be carefully watched to see if indications substantiate what Carney said.

The people of UK expect the price rise to slow down in the years ahead, according to a BoE survey.

Higher transport costs drives up CPI inflation, but falling food prices offset some of increase.

Fed's bond buys raised US GDP by 0.36% but BoE purchases raised UK GDP by 0.18%.

Wages are outstripping inflation but most voters are not feeling benefits yet

ONS says slower price growth in food and drink helped pull down UK CPI inflation.

October CPI inflation fell to 2.2% on slowing tuition fee growth and supermarket discounting at petrol pumps.

China's official Xinhua news agency to publish the nation's economic agenda on 12 November.

Office for National Statstics shows real pay cut continues in September as CPI inflation holds steady.

Consumer prices increased 2.7% year-on-year in August, compared with 2.8% in July, according to ONS.

The Bank of England (BoE) is expected to take a call on whether to extend its £325 billion quantitative easing to support the economy when it meets this week, as it cannot ignore Britain's above-target inflation even though official data shows the country is back into recession.

Britain's slow and steady economic growth helps it in avoiding recession, followed by upbeat data and last week's Greek debt restructuring. The Bank of England holds its asset purchase programme at £325 billion, as economists predicted 0.2 per cent growth in the current quarter.