At 12:00 (GMT+2), the January data on the consumer price index of the EU countries is due. It is a key indicator of inflation, determining the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. It may grow from 0.4% MoM, from 2.4% YoY, and the core monthly value from 0.5% and the year’s value from 2.7%, having a significant impact on the monetary policy decision of the European Central Bank (ECB).
