At 08:00 (GMT+2), September data on the Consumer Price Index will be published in the UK. It is the main indicator of the level of inflation in the country and determines changes in retail prices for a certain basket of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on decisions on monetary policy. On a monthly basis, the value is expected to adjust from 0.3% to 0.2%, and on an annual basis — from 3.8% to 4.0%. The implementation of the forecast will confirm the strengthening of inflationary pressure in the national economy and increase the likelihood that the Bank of England will maintain high interest rates, strengthening the pound.
