At 15:30 (GMT+2), Canada will release October data on the consumer price index, which is the main indicator of inflation in the country, reflecting changes in retail prices for a specific basket of goods and services: food, transportation, utilities, healthcare, etc. It also significantly influences the Bank of Canada’s monetary policy decisions. It can grow from 0.1% MoM and from 2.4% YoY, and the core indicator from 0.2% MoM and 2.8% YoY, affecting the rhetoric of the monetary authorities at the next Bank of Canada meeting.
