At 10:00 (GMT+2), German will release its April Consumer Price Index data — a key gauge of inflation that reflects changes in retail prices across a representative basket of goods and services, including food, transportation, utilities, healthcare, and other consumer categories. A correction is forecast from 1.1% to 0.7% MoM, and from 2.7% to 3.0% YoY, which may, of course, affect the rhetoric of the monetary authorities regarding interest rate adjustments.
