At 09:00 (GMT+2), January data on the UK consumer price index will be published. 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 adjust from 4.0% to 4.1% YoY and from 0.4% to –0.3% MoM, while the core value rises from 5.1% to 5.2% YoY and drops from 0.6% to 0.4% MoM.
