At 11:00 (GMT+2), the May data on the consumer price index of the EU countries is due. It is the main indicator of the inflation rate and determines the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. It has a significant impact on the financial regulator’s decision in the field of monetary policy. It may fall from 0.6% to 0.2% MoM and grow from 2.4% to 2.6% YoY, while the core value may change from 0.7% to 0.4% MoM from 2.7% to 2.9% YoY.
