Wednesday preview: UK CPI, Sage in focus

Investors' focus in the middle of the week would be on the latest UK consumer price data.

Consensus was for an increase in the annual rate of growth from 1.7% in September to 2.2% for October.

Also scheduled for release were producer price figures covering that same month.

Worth noting, the Monetary Policy Committee's Sarah Breeden and Dave Ramsden were due to deliver speeches at 1530 BST and 1600 BST, respectively.

On the corporate side of things, Sage was due to report its full-year numbers.

UBS analyst Michael Briest was anticipating a slowdown in the rate of growth in organic sales from 9.4% in the front half of the year to 8.8% over the latest six months.

To back up his case, he pointed to recent soft updates from various Sage competitors, including Bechtle, Freshworks, HubSpot and ZoomInfo.

Briest anticipated that Sage would guide towards 9% revenue growth in 2025.

Wednesday 20 November

FINALS

Sage Group, Tracsis

INTERIMS

Renold, HICL Infrastructure, Cropper (James)

Q3

Argo Blockchain

TRADING ANNOUNCEMENTS

Rotork

AGMs

Hays, CVS Group, Made Tech Group, Panthera Resources, Leeds Group, Genus

GMs

Kropz

ANNUAL REPORT

Tracsis

FINAL DIVIDEND PAYMENT DATE

Strategic Equity Capital

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

Crude Oil Inventories (US) (15:30)