This morning’s UK inflation numbers are expected to reveal another rise in CPI in October to 3.1% from 3% in September. With wages growing by just 2%, household real incomes continue to be squeezed; however, inflation should begin to ease by the end of the year, providing some respite for UK consumers.
Davy research
Davy ResearchLloyds Banking Group - Q1 broadly in line
Davy ResearchWhitbread - Costa spin off set in motion; FY18 results in line
Davy ResearchMarket comment - Apple to begin paying €13bn to Irish government escrow account
Davy ResearchAIB Group - Strong lending growth in Q1, with a recovery in mortgage market share
Davy ResearchWienerberger - Q1 performance unlikely to impact on full-year expectations
Davy ResearchPersimmon plc - Solid sales rates year-to-date
Davy ResearchGlanbia - Good volume momentum against softer dairy markets; full-year guidance reiterated