At 14:00 (GMT+2), the May data on the consumer price index in Germany is due – a key indicator of inflation in the country, which reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, healthcare, etc. It may fall from 0.1% MoM and 2.1% YoY, and the harmonized monthly indicator from 0.2% MoM and 2.1% YoY, affecting the rhetoric of monetary authorities on the interest rate adjustment.
