At 12:00 (GMT+2), data on the consumer price index of EU countries for October will be published. It is the main indicator of inflation and determines changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, etc. It has a significant impact on regulators' monetary policy decisions. It is expected that the consumer price index will remain at 0.3% MoM and it decrease from 4.5% to 4.2% YoY, supporting the euro.
