Inflation likely to show minute rise above zero - London Report

INFLATION data will be in the spotlight this coming week. The consumer price index in the UK, released tomorrow, is expected to pick up in September to 0.1 per cent year-on-year, following a drop to zero per cent in August.

The Bank of England, which is targeting two per cent inflation, said the outlook for CPI in coming months looked weaker than it previously thought, according to the meeting minutes of its 8 September policy meeting.

The central bank, which is taking inflation into close consideration in determining the timing of an interest rate hike, said CPI was unlikely to reach one per cent until next spring.

There is also a slew of companies reporting this week, among them

Today: Tissue Regenix Group, Tristel, YouGov and LVMH.

Tomorrow: Bellway, Michael Page, DotDigital Group, Nanoco Group and Proactis Holdings.

Wednesday: Brown (N.) Group, Con­nect Group and Domino’s Pizza.

Thursday: Booker Group, Pure Wafer and WH Smith.

Related articles