The Business News Week Ahead

The coming week will see key data out of China, and clues whether recovery there is continuing, and also the US where the level of devastation is still unfolding. Consumer prices in China will be posted on Tuesday followed on Friday with industrial production and retail sales, the latter to be carefully watched to see whether the Chinese public has or has not bounced back from the virus. US data will open with the CPI on Tuesday followed on Thursday by initial jobless claims and the latest update on the level of carnage still taking place in the labor market. Retail sales and industrial production will be posted on Friday amid expectations for double-digit monthly declines. Other data in the week include industrial production from Italy on Monday, GDP from the UK on Wednesday, and employment data from Australia on Thursday.