ECONOMIC DIARY: OCTOBER 16 - 20

THIS COMING week investors will concentrate on South Africa’s inflation rate and retail sales data. Globally China will publish its GDP economic growth rate for Q3, whilst most countries will release their latest inflation, retail sales; manufacturing data and balance of trade numbers. Of importance also is the unemployment rate of the UK and the US jobless claims.

Domestically

Wednesday, October 18: StatsSA will release the inflation rate for September; retail sales for August.

Globally

Today: China: Inflation rate: September; Japan: Capacity utilisation and Industrial production PMI – September; Germany: Wholesale prices – August; EU: Balance of trade – August; Canada: New motor vehicle sales – August; Russia: Industrial production – September; Brazil: Economic activity index – August and Payrolls – September.

Tomorrow: Australia: RAB Meeting minutes; Italy: Balance of trade – August; UK, and the EU: Inflation rate – September; Germany: Economic sentiment index – October; US: Export and Import prices, Capacity Utilisation, Industrial production and Manufacturing production – September; API weekly crude oil stock. ,

Wednesday, October 18: UK: Unemployment rate – August; EU: Construction output – August; Canada: Manufacturing sales – September, US: Building permits – September; Housing starts – September and EIA Crude oil stocks 13/October; Russia: Retail sales and Unemployment rate – September.

Thursday, October 19: Japan: Balance of trade – September; Australia: Employment change and unemployment rate – September; China: GDP growth rate – Q3; Industrial production and Retail sales – September; UK: Retail sales – September; US: Gas stock change – 1/October; Continuous and initial jobless claims – 13/October.

Friday, October 20: Germany: PPI – September; EU: Current account – August; Italy: Current account – September; Canada: Inflation rate – September and Retail sale – August; Brazil: Consumer confidence index – October; US: Existing home sales – September.