-
3 Numbers: Italian factory orders, UK inflation, US retail sales
• Italian economy set for factory orders boost • Soft CPI would make BoE hold its fire • US retail sales likely to stay on track A leading indicator of Italy’s economy is updated today: new industrial orders, which have been rising moderately on a year-over-year basis lately. Later, the UK publishes its monthly consumer-price inflation data. We’ll also see fresh numbers on the retail front for the US via the weekly release of chain store sales. Italy: New Industrial Orders (09.00 GMT): The year-over-year trend in new factory orders has been a bright spot for the Italian economy lately. Although the monthly ... (full story)