At 15:30 (GMT+2) in Canada, December data on the Consumer Price Index will be published, which is the main indicator of the level of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services: food, transport, utility costs, healthcare and so on, and also significantly influences the decisions of the Bank of Canada in the field of monetary policy. If the monthly figure rises from 0.1%, the annual figure from 2.2%, and the core indicator from –0.1% and 2.9%, respectively, this will certainly influence the rhetoric of monetary authorities at today's Bank of Canada meeting.
