Third-quarter growth reviews across much of Europe are published on Tuesday this week, but much of the focus for UK-based investors will be on the continuing conundrum of Britain's inflation/wage growth gap.
Elsewhere during the week there's plenty of industrial data - both survey-based and hard data. Meanwhile, consumer data is also widespread, with retail sales numbers in the UK, US and China.
Given the Bank of England's recent interest rate move, however, the spotlight will fall on the UK data and its impact on sterling.
UK consumer price inflation (CPI)
Headline CPI rose to 3% in September, from 2.9% in August and is broadly expected to have risen to 3.1% in October - a level that will demand Bank of England governor Mark Carney write a letter of explanation to the chancellor of the exchequer.
In such a letter he will no doubt mention the lingering impact of weak sterling and global demand-driven price rises for raw materials and energy. He'll add that Bank forecasts project that this is where CPI is expected to peak and that inflation will begin its descent back towards the 2% target rate over the course of 2018.
Given the withdrawal of recent hawkish rhetoric, however, it's unlikely Carney will be recommending further near-term interest rate increases following the quarter point hike to 0.5% made earlier in November.
"Inflation is set to hit a peak, before tailing off over coming months, and signs of underlying price pressures – chiefly wage growth - are still relatively benign," says James Smith at ING.
The CPI data is published on Tuesday.
UK annual average wage growth
Here's where markets discover the second piece to the conundrum described above. Indeed, over the past months wage growth has remained relatively benign compared with inflation.
At 2.2% in August, the data for September is expected to deliver little change: some analysts see a percentage point rise to 2.3%; some see a similar-sized dip to 2.1%. On average, the same reading as August is expected when the data is published on Wednesday.
If so, this widens the gap between wage growth and inflation, adding to the already considerable pressure on UK households.
UK retail sales
It's important here to look closely at retail sales. If there's a third piece to the Bank's conundrum - this is it.
The squeeze on consumers created by the inflation/wage growth gap is beginning to have a noticeable impact on spending habits.
While food purchases continue to drive retail sales - according to recent data from the British Retail Consortium (BRC) - appetite for discretionary items faded at the fastest rate yet seen by the BRC. Meanwhile, several retailers, including M&S, Sainsbury's and Halfords last week reported falling profits.