Coming up from the UK on Wednesday, 14 December 2022, November inflation data:

uk November c pi 14 December 2022
  • This snapshot from the ForexLive economic data calendar, access it here.
  • The times in the left-most column are GMT.
  • The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

Snippet previews via:

Société Générale

  • Despite a continued rise in core and food inflation, negative base effects should allow a marginal reduction in headline inflation from 11.1% to 11.0% in November, although risks are tilted to the upside.
  • For core, both stronger services and goods inflation should contribute to an acceleration from 6.5% to 6.7%.

Deutsche Bank

  • We expect CPI to have slowed from 11.1% to 10.9%.
  • If our forecasts are broadly on the mark, we have crossed the peak in inflation.
  • And now, the next stage begins. We anticipate CPI will be over 8% YoY next year before landing around 6% in the fourth quarter.