At 11:00 (GMT+2), May data on the Consumer Price Index in eurozone will be published, which is a key indicator of the level of inflation reflecting the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, etc. If it rises from 0.6% on a monthly basis, from 2.2% on an annual basis, and the Core monthly CPI — from 1.0% and the annual rate — from 2.7%, this could have a significant impact on the European Central Bank's (ECB) monetary policy decision.
