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Week Ahead Economic Preview

07 July 2017 Bernard Aw

US inflation and retail sales will help gauge the future course of Fed policy and whether consumer spending has remained under strain. Other key data highlights include UK wage growth and employment, which could be key to the timing of the first rate hike by the Bank of England in a decade, as well as China's trade and credit data.

Worldwide release of sector PMI surveys will meanwhile provide important clues as to industry trends in June. The latest national PMI surveys have shown the global economy enjoying a solid second quarter, although growth in China has weakened along with several other Asian economies. Detailed sector PMI data for the US, Europe and Asia will add to insights into consumption and investment developments.

Read more in the full download below, which includes a calendar of all main releases.

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Bernard Aw, Principal Economist, IHS Markit
Tel: +65 6922 4226
Bernard.Aw@ihsmarkit.com

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