At 11:00 (GMT+2) will be published 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 expected to be fixed at around 3.0% YoY, while the base value stands at 2.2%, and it is set to adjust from 1.3% to 1.0% MoM and remain at 0.9%, respectively. This is likely to have a material impact on the monetary policy decisions of the European Central Bank (ECB).
