Friday July 3, 03:46 PM
UK DATA WEEKAHEAD-BoE verdict and factory output in focus
LONDON, July 3 (Reuters) - Following are some of the key
British economic indicators to be released in the coming week.
INDEX OF PRODUCTION (MAY)
Tuesday, July 7 at 0830 GMT
Forecast Previous
Manufacturing (mm, pct chg) 0.2 0.2
Manufacturing (yy, pct chg) -11.8 -12.7
Industrial prod (mm, pct chg) 0.2 0.3
Industrial prod (yy, pct chg) -11.3 -12.3
Economists expect factory output to have increased for a
second month in a row in May, despite the CIPS/Markit purchasing
managers' index for the month pointing to a further fall in
activity.
FOR PREVIOUS STORIES, CLICK ON
TRADE BALANCE (MAY)
Thursday, July 9 at 0830 GMT
Forecast Previous
Global goods trade bal (bln stg) -3.9 -4.139
Non-EU goods trade bal (bln stg) -6.75 -7.003
Britain's trade deficit is forecast to have narrowed further
in May, as the benefit from past falls in the strength of
sterling and reduced domestic consumption outweighs weaker
overseas demand.
FOR PREVIOUS STORIES, CLICK ON
BANK OF ENGLAND RATE DECISION (JULY)
Thursday, July 9 at 1100 GMT
Forecast Previous
Repo rate (pct) 0.50 0.50
Economists expect the BoE to keep rates on hold, and many
predict that the central bank will expand its 125 billion pound
quantitative easing policy by a further 25 billion to the
maximum permitted without further finance ministry approval.
For recent MPC (A050540.KQ - news) comments:
For a chronology of votes:
For a checklist of recent data:
For what the Bank has to weigh up:
For previous rate decision stories:
PRODUCER PRICES (JUNE)
Friday, July 8 at 0830 GMT
(pct change) Forecast Previous
PPI output price mm (nsa) 0.3 0.4
PPI output price yy -0.8 -0.3
Core (Berlin: LJ1.BE - news) output price mm 0.2 0.2
Core output price yy 1.1 1.2
PPI input price mm (sa) 0.8 0.4
PPI input price yy -12.2 -9.4
Factory gate prices are expected to have increased modestly
over the month but to be down on a year ago after sharp falls in
the cost of raw material over the past 12 months.
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HALIFAX HOUSE PRICE SURVEY (JUN)
(expected during week)
Forecast Previous
House price change m/m (pct) -0.7 +2.6
House price change 3m/y (pct) -14.7 -16.3
The Halifax index is likely to show house prices fell again
in June after a rising unexpectedly in May by the biggest amount
since 2002.
FOR 2009 HOUSE PRICE FORECASTS, CLICK ON
FOR GUIDE TO UK HOUSE PRICE SURVEYS, CLICK ON
FOR PREVIOUS STORIES, CLICK ON
(Reporting by David Milliken)
Keywords: BRITAIN ECONOMY/WEEKAHEAD
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