Inflation figures for September are set to dominate macroeconomic headlines next week, with analysts expecting price rises to have hit a trough in the UK.
Unemployment figures are also due from this side of the Atlantic, while retail sales and building permits data mark the big releases in the US.
According to Deutsche Bank analysts, inflation is expected to have subsided from August’s reading of 2.2%, to 1.8% in September.
This “cyclical low” would come as money markets weigh up the scope for another rate cut by the Bank of England next month, with the figures due from the Office for National Statistics on Wednesday.
UK unemployment data for August is due before this on Tuesday, which will also add to the picture around the UK’s economic strength ahead of the Bank of England’s next meeting in November.
Following July’s 4.1% rate, expectations are for unemployment to have ticked up to 4.6% in August, according to Trading Economics.
Across the Atlantic, figures on Thursday are expected to show a 0.3% uptick in retail sales through September, after August’s 0.1% rise, before building permits data on Friday.
Thursday will also bring a decision on interest rates from the European Central Bank after September’s cut.