Tuesday preview: Rio Tinto, UK inflation

16th Jul 2012 18:56

A production report is due from mining giant Rio Tinto covering the second quarter. There should be an improvement on the first quarter's figures, when many of the miner's operations were affected by rain.Though the Bank of England - scheduled to release the minutes on Wednesday of the July meeting of its Monetary Policy Committee - is evidently more concerned about economic growth than inflation in the current phase of the recession, Tuesday's consumer prices data will still receive a good going over from the Bank's rune readers and forecasters.In May, the UK Consumer Price Index (CPI) fell 0.1% to give an annual inflation rate of 2.8%, and the same outcome is expected in June. The Core CPI inflation rate is expected to head up to 2.5% from May's 2.2%.The Retail Price Index (RPI) for June is expected be unchanged from May, which would trim the annual rise to 3.0% from 3.1%. INTERIMSAmino Technologies, ComputacenterINTERNATIONAL ECONOMIC ANNOUNCEMENTSCapacity Utilisation (US) (16:15)Consumer Price Index (US) (13:30)Industrial Production (US) (16:15)New Car Registrations (EU) (10:00)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)GMSNorth Midland ConstructionFINALSIG Group Holdings, Schroder Real Estate Investment Trust LtdIMSSBTGAGMSBTG, Dairy Crest Group, ETF Securities ETFX S-Net ITG Global Agri Business Fund USD, Investec Structured Products Calculus VCT, Sepura, Worldwide Healthcare TrustUK ECONOMIC ANNOUNCEMENTSConsumer Price Index  (09:30)Retail Price Index (09:30)FINAL DIVIDEND PAYMENT DATEAmati Vct 2 JH