
September data on the Eurozone Consumer Price Index is due at 11:00 (GMT+2). It is the main indicator of inflation which 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. The CPI is expected to decrease from 0.5% to 0.3% MoM and from 5.2% to 4.3% YoY. If the forecast proves correct, it can support EUR.

