Wednesday preview: UK CPI, JD Wetherspoon in the spotlight

The spotlight on Wednesday will be on data for UK consumer prices at the end of 2021.

Consensus is for the cost of living to have edged up by a tenth of a percentage point in annual terms in December to reach 4.7%.

But not all economists are on board with that notion.

Barclays Research for one expected both headline harmonised CPI and core CPI to ease from 4.6% to 4.4% and from 4.0% to 3.7%, respectively.

German CPI data on the other hand are expected to show that harmonised CPI in the euro area's largest economy held steady during that same month at 5.7%.

On the corporate side of things, JD Wetherspoon is due to update investors on its performance during its fiscal second quarter.

The pub owner recently warned that it might incur in a first half loss as a result of the Covid-19 restrictions that were imposed in December with the cancellation of big parties in the run-up to Christmas expected to have hit the industry hard.

Wednesday 19 January

INTERIM DIVIDEND PAYMENT DATE

IG Design Group, National Grid

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Consumer Price Index (GER) (07:00)

Crude Oil Inventories (US) (15:30)

Current Account (EU) (09:00)

Housing Starts (US) (13:30)

MBA Mortgage Applications (US) (12:00)

Q4

Centamin (DI)

FINALS

Crest Nicholson Holdings

AGMS

Diploma, Majedie Investments, WH Smith

TRADING ANNOUNCEMENTS

Antofagasta, Appreciate Group, Audioboom Group, BHP Group, Burberry Group, Conduit Holdings Limited Com Shs (DI), Diploma, Eve Sleep PLC, In the Style Group, Midwich Group, Wetherspoon (J.D.)

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Northamber