Consumer Price Index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), British data on the Consumer Price Index for September will be released. It is the main indicator of inflation in the country and determines the change in the level of retail prices for a certain "basket" of goods and services: food, transportation, utilities, healthcare, etc. It has a significant impact on the decisions of the financial regulator regarding adjustments to monetary policy. It is expected that the CPI will increase from 0.3% to 0.4% MoM and decrease from 6.7% to 6.5% YoY. The implementation of forecast may support GBP.

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