At 14:30 (GMT+2), Canada will publish April data on the consumer price index, which is the main indicator of inflation in the country, reflecting the change in retail prices for a certain basket of goods and services: food, transportation, utilities, health care, etc., and also significantly affects the Bank of Canada’s decisions in the field of monetary policy. It may change from 0.3% to 0.5% MoM and from 2.3% to 1.6% YoY, while the core value will increase from 0.1% to 0.2% MoM, and the truncated value – from 2.8% to 2.9%.
