US consumers finally found some relief last month at petrol pumps as fuel prices fell, though core inflation continued to simmer, economists project for data this coming week.
Regional US Fed presidents Charles Evans of Chicago and Neel Kashkari of Minneapolis are scheduled for separate speaking events. San Francisco Fed president Mary Daly will appear on Thursday, a day after the CPI figures.The producer price index and University of Michigan consumer sentiment index will also be released this week.in more than a year, as well as mixed signs from Chinese price data, are likely to be among the highlights.
Producer prices data in Japan is set to show companies remaining under pressure from rising raw material costs, strengthening their case to pass those burdens on to consumers.With the Bank of England having just warned that the UK faces more than a year of recession, evidence of an initial contraction might emerge on Friday.
Went to Chadstone shopping centre, no sign of a downturn there
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