Consumer price index. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), October data on the consumer price index will be published in the UK. It is the main indicator of inflation in the country and determines changes in retail prices for a certain “basket” of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on decisions on monetary policy. It is expected to decline from 6.8% to 4.8% YoY and from 0.5% to 0.1% MoM, while the core value is expected to adjust from 6.1% to 5.8% YoY and 0.5% to 0.4% MoM.

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