Consumer Price Index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), in the UK, July data on the consumer price index is due – a key indicator of inflation, determining the change in retail prices for a certain basket of goods and services (food, transport, utilities, healthcare, etc.). If the CPI falls from 3.6% YoY and 0.3% MoM, and from 3.7% YoY and 0.4% MoM on a core basis, this will have a significant impact on the Bank of England’s monetary policy decisions.

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