At 08:30 (GMT+2) in Switzerland, the May data on the Consumer Price Index will be released. This is the main indicator of the inflation rate in the region, which reflects the change in the level of retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and so on. The index has a significant impact on the decisions of the Swiss National Bank on monetary policy. On an annualized basis, the indicator is likely to grow from 2.6% to 2.8%.
