US CPI amongst market movers today – Danske Bank
According to analysts at Danske Bank, the main economic release today is the US core inflation number.
“We estimate the CPI core index rose +0.2% m/m in December, implying an unchanged core inflation rate at 2.2% y/y.”
“In the UK, the monthly GDP estimate for November is due to be released. Given the weak PMIs, do not expect a strong number and estimate another 0.1% m/m (0.3% 3M/3M) increase.”
“In Sweden, average house prices for December are due out.”
“In Denmark, industrial production data for November is due to be released.”