After a week of elections, rate rises and a chip rout, attention turns back to inflation. The US publishes October prices without its usual annual rate, the UK reports third-quarter growth, and China's inflation shows how different its problem is.
What’s expected. Economists surveyed by Bloomberg expect consumer inflation of 0.8% (0.9% in September) and factory-gate prices up 5.4%, the fastest since June 2022.
Why it matters. While most of the world fights 3–4% inflation, China's is below 1%: a sign of weak demand at home, and of cheap exports abroad.
What’s expected. Economists surveyed by Bloomberg expect a 0.3% monthly rise overall and 0.2% for core prices. No annual rate will be published for most indexes, because October 2025 prices were never collected.
Why it matters. It is the last inflation report before the Fed's 8–9 December meeting, where futures price a rate rise at around 78%.
What’s expected. Economists expect growth of 0.7% in the third quarter, which would be the fastest in more than two years (Bloomberg).
Why it matters. A week after the Bank of England raised rates to 4%, a weak figure would sharpen the trade-off between inflation and growth.
What’s expected. Producer prices are forecast to rise 6.6% over the year to October, the fastest in nearly four years (Bloomberg).
Why it matters. Prices firms pay and charge each other often lead consumer prices by a few months.
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