Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK consumer and factory gate prices for October. Consumer price inflation is expected to advance to 10.7 percent from 10.1 percent in September. Factory gate inflation is seen at 14.6 percent versus 15.9 percent in September.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.