On Monday, Greece and Portugal released consumer price indexes. Greece, with the economy in a prolonged recession, posted an annual rate of minus 1.7 percent and Portugal reported that annual inflation was muted at 0.2 percent.
Other reports this week:
-- Tuesday: Germany's wholesale price index for December; consumer price index reports from France, Italy and Britain for December; the U.S. Commerce Department's retail data report, also for December.
-- Wednesday: Spain's consumer price index for December; the U.S. producer price index and the Federal Reserve's Beige Book report; the Fed's New York State monthly manufacturing survey for January; the Conference Board's leading economic index for Britain.
-- Thursday: Eurostat's CPI for the eurozone and the European Union; the CPI for the United States for December, released by the Labor Department; the Fed's manufacturing survey for the mid-Atlantic states; the Labor Department's weekly unemployment benefit claims report.
-- Friday: Eurostat's construction spending report for November; Britain's retail sales report for December and, in the United States, the Fed's industrial production report for December and building permit figures for the same month released by the Census Bureau, a division of the Commerce Department.