Mark These Dates: Key Economic Triggers This Week - India CPI, US FOMC & More

By Malvika Gurung
Investing.com -- The week starting on Dec 12, 2022, is packed with multiple market-moving global economic triggers as well as domestic macroeconomic data, including the US FOMC interest rate hike action, along with inflation print for November from India, the US and the UK.
“The volatility in the market is expected to remain as we await the domestic and US inflation numbers, and the Fed's interest rate decision next week,” said Vinod Nair, Head of Research, Geojit Financial Services.
Here are some key economic data scheduled for the week that will likely dictate the market movement.
Dec 12
- India Consumer Price Index (CPI) YoY for November
- US 10-Year Note Auction
- UK Manufacturing Production (MoM)
- UK Industrial Production YoY for October
- UK GDP (MoM)
- UK GDP (YoY)
Dec 13
- US Core CPI (YoY) for Nov
- US CPI (YoY) for Nov
- Comments from Bank of England Governor Bailey
- UK Unemployment Rate for Oct
Dec 14
- India WPI Inflation for Nov
- US Crude Oil Inventories
- UK CPI for Nov
- UK PPI for Nov
- US API Weekly Crude Stock
Dec 15
- US Fed’s FOMC Rate Hike Decision
- US FOMC Economic Projection
- FOMC Statement and Interest Rate Projections
- UK BoE’s Interest Rate Decision
- BoE MPC Meeting Minutes
- US Retail Sales for Nov
- US Initial Jobless Claims
- US Industrial Production for Nov
Dec 16
- UK Manufacturing PMI
- UK Services PMI
- UK Composite PMI
- UK Retail Sales for Nov

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