Economy

India CPI, US FOMC, UK GDP Among Key Economic Events This Busy Week


By Malvika Gurung

Investing.com — Indian equity benchmark indices closed the June 9-ended week on a flat note. Headlines and gained marginally by 0.16% and 0.13%, respectively during the week.

All eyes will primarily be set on India’s data for May to be released on Monday, along with the May on Tuesday.

Further, the UK is also set to release its this week, along with the US as well as economic projections.

The week ahead is lined up with multiple key economic data this week.

In a note sent to Investing.com, Vinod Nair, Head of Research at Geojit Financial Services said, “Market participants are now eagerly awaiting the release of domestic inflation data for May, which is anticipated to show a cooling down from the current level of 4.7%. Global cues will also play a significant role in shaping the market trend, with investors closely monitoring the outcomes of the FOMC meeting and the US inflation print.”

June 12

  • India CPI (May): Investing.com forecast at 4.42%
  • for April: Investing.com forecast at 1.8%
  • BoE MPC Member Mann Speaks

June 13

  • US CPI for May
  • BoE Governor Bailey Speaks
  • UK
  • US API Weekly Stock

June 14

  • US Fed Interest Rate Decision: Investing.com forecast at 5.25%
  • India (May): Investing.com forecast at -2.35%
  • India WPI Food Inflation (May): Investing.com forecast at -0.36%
  • UK GDP (April)
  • US for May: Investing.com forecast at 0.2%
  • US Crude Oil Inventories
  • China (May)

June 15

  • India
  • US Retail Sales (May)
  • US Initial Jobless Claims

June 16



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