The Week Ahead: UK Economy Stalls, UK CPI, Nvidia, Walmart, and JD Sports
The Week Ahead: UK Economy Stalls, UK CPI, Nvidia, Walmart, and JD Sports
UK inflation data for October will be released, providing insights into the current economic situation.
The Bank of England has already implemented 2 rate cuts as inflation slows, but the path for further rate cuts may be challenging.
Headline CPI
Headline inflation slowed from 4% earlier this year to 1.7% in September, largely due to falling petrol prices. However, concerns remain about underlying inflation pressures.
Core CPI (excluding volatile items) is expected to remain unchanged at 3.2%, while services inflation remains high at 3.9%, down from 6.4% earlier in the year.
