At 14:30 (GMT+2), the July data on the consumer price index in Canada will be released. The indicator is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on the decisions of the authorities on monetary policy. The index is expected to fall from 8.1% to 7.6% YoY and from 0.7% to 0.1% MoM.
