This Week

THE SPOTLIGHT event in this week’s business calendar will be the release of inflation figures for July on Thursday.

While consumers may be hoping for further falls in the cost of living, economists have begun warning of the perils of an extended debt-deflationary spiral.

Meanwhile, Smurfit Kappa is due to publish second quarter results this week, while Greencore is expected to issue an interim management statement on Thursday.

TODAY

Results:Morgan Sindall; Qiagen; Workspace.

Indicators:EU Sentix investor confidence (August); Irish industrial production and turnover (June); UK BRC retail sales monitor (July) and RICS house price balance (July); German wholesale price index (July); Japanese eco-watchers survey and machine tool orders (July); Australian home loans (June) and investment lending (June).

TOMORROW

Results:Collins Stewart; Friends Provident; Geberit; Greggs; InterContinental Hotels; Interserve.

Indicators:Irish Live Register – additional tables (July); German consumer price index (July); Japanese consumer confidence (July) and Bank of Japan interest rate decision; National Australia Bank's business conditions (July).

Other:Official publication of market research report entitled Investing in Our Future and commissioned by the Irish League of Credit Unions.

WEDNESDAY

Results:Balfour Beatty; Macy's; ReneSola; Sara Lee; Smurfit Kappa; Swisscom; TUI Travel.

Indicators:US Fed interest rate decision.

THURSDAY

Results:Anheuser-Busch; CryptoLogic; Dr Pepper Snapple; Elizabeth Arden; Nordstrom; Prudential; Psion; Solarworld; Spring; Urban Outfitters; Tomkins.

Indicators:European Central Bank monthly bulletin; Irish consumer price index (July), retail sales index (June) and industrial disputes (second quarter); German preliminary gross domestic product; French preliminary gross domestic product; US export prices (July), import prices (July), unemployment claims, retail sales (July) and business inventories (June); Japanese monetary policy meeting minutes and tertiary industry activity.

Other:Greencore interim management statement; trading update from Thomas Cook.

FRIDAY

Results:Abercrombie Fitch; JCPenney; ThyssenKrupp.

Indicators:EU consumer price index; US consumer price index (July), capacity utilisation (July) and industrial production (July); French preliminary non-farm payrolls; Canadian manufacturing sales and new motor vehicle sales.

Other:Trading update from Chrysalis