Money Minute Tuesday 3 December: Cineworld trading update and eurozone prices

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This morning in the UK, cinema group Cineworld delivers a trading update. The company – which acquired American chain Regal last year – has been targeted by short sellers in recent months.

With streaming firmly embedded in most households, the box office faces tough competition from the likes of Netflix and Amazon Prime. Investors will focus on whether big releases such as Joker, and whatever the latest instalment in the interminable Star Wars saga happens to be, can still drag viewers from the comfort of their couches and help Cineworld to pay off its hefty debt pile.
There’s also an update from plumbers’ merchant Ferguson, which may give investors an insight into the state of housing markets in both the UK and the US.
Over in the eurozone, we get the latest news on ‘pipeline’ inflation, or to give it the official name, producer price inflation. Producer prices are actually falling on an annual basis right now in the eurozone, and October’s data is likely to show that continuing.

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