At 08:45 (GMT+2), France will publish April data on the consumer price index — a key indicator of inflation that determines changes in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). It is likely to be fixed at around 1.0% MoM, while on an annual basis it is expected to increase from 1.7% to 2.2%. The harmonised index is projected to remain at around 1.2% and 2.5%, respectively, which may have a significant impact on the monetary policy decisions of the financial authorities.
