At 12:00 (GMT+2), October data on the consumer price index for the EU countries is due. It is a key indicator of inflation, determining changes in retail prices for a specific basket of goods and services: food, transport, utilities, healthcare, and so on. It can rise from 0.1% to 0.2% MoM and from 2.1% to 2.2% YoY, and, excluding seasonal fluctuations, from 129.43 points to 129.70 points, significantly influencing the European Central Bank’s (ECB) monetary policy decisions.
