Rosely Recommends: the week ahead
With signs that China’s economy may be slowing, and concerns about the wider global impact of this on an already delicate macroeconomic situation, all eyes will be on China on Tuesday, when the country releases key economic data on retail sales and industrial output.
Wednesday sees the UK report on the consumer price index inflation data. Has inflation peaked? If it has then Wednesday's data, combined with stronger than expected economic growth in the UK, will put pressure on the Bank of England to rethink its ongoing policy of base rate rises. If the data shows inflation continues to rise however, then it could prove that, as some economists have suggested, the UK’s recent economic growth was down to one-off events such as the Coronation of King Charles, rather than underlying strength.
At Rosely we’re advising our clients to have strong lines to take that cover all eventualities with this week’s economic data.
By adding value and insight to the conversation, clients can show their stakeholders that they have a clear understanding of the issues that matter and that they are ready to offer solutions. By planning ahead with our clients, and ensuring statements are developed to reflect all the potential results of the data drop, we not only sharpen organisational thinking, but offer the media and other stakeholders genuine insights that can help them in their coverage and analysis and move the conversation along.
The above is our public opinion only and is not considered advice.