Consumer Price Index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), November 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. MoM, it is likely to be adjusted from 0.2% to –0.3%, YoY it will be recorded at 2.2%, and the seasonally adjusted figure will drop from 129.70 points to 129.35 points, significantly influencing the European Central Bank’s (ECB) monetary policy decisions.

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