The Daily Chase: Awaiting inflation data; Netflix adds 2.4M subscribers

​We're poised to get the latest read on the price pressures facing Canadian consumers at 8:30 a.m. EDT.

U.K. INFLATION RETURNS TO DOUBLE DIGIT TERRITORY

Staying with the inflation story, surging food prices send inflation in the U.K. back into double-digit territory last month to 10.1 per cent, putting renewed pressure on the Bank of England. The surge in consumer prices comes at a delicate time for the British economy, after the U.K. government was forced to back off its plans for sweeping tax cuts in the face of a market revolt. And price pressures could in fact get worse once the government loosens its support for household energy bills next year.

NETFLIX GETS BACK TO GROWTH