US CPI and China’s GDP Data in Focus for the Week Ahead

Global markets are set for a volatile week. Major economies release crucial data. Inflation figures and China’s growth forecasts will influence market sentiment. These reports will impact monetary policies worldwide.

Inflation Data from Key Economies

The US CPI for December will show continued inflation. Analysts project a 2.9% year-on-year increase. Core inflation should stay at 3.3%. This data impacts the Federal Reserve’s rate cut plans. The US PPI and retail sales data also release this week. Analysts expect the PPI to maintain a 3% rise. Retail sales should show a 0.6% monthly increase.

Europe’s final inflation data arrives. Eurostat estimates a 2.4% headline CPI rise. Core inflation should remain at 2.7%. The ECB likely continues rate cuts. They target 2% inflation by 2025. UK inflation is expected at 2.6% year-on-year. Core inflation might ease to 3.4%. Stagflation concerns grow in the UK economy.

China’s GDP and Economic Outlook

China’s Q4 GDP growth releases. The market expects a 5% year-on-year rise. This is up from 4.6% in Q3. Government stimulus measures drive growth. Full-year growth should meet China’s 5% target. China’s industrial production and retail sales data also release. Housing market indicators provide more insight. These figures influence global economic outlooks. Commodity prices and currency movements will react. Central bank policies will be affected.