Consumer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), April 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. If it grows from 0.6% MoM, from 2.2% YoY, and the core monthly value from 1.0% and the year’s value from 2.4%, this may have a significant impact on the decision of the European Central Bank (ECB) in the field of monetary policy.

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