Consumer price index. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), the UK will release December data on the consumer price index, a key inflation indicator that determines changes in retail prices for a specific basket of goods and services (food, transportation, utilities, healthcare, etc.). If it falls from 3.2% YoY and –0.2% MoM, this will have a significant impact on the Bank of England’s monetary policy decisions.

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