
At 11:00 (GMT+2) will be published May 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.). If it increases by 3.2% YoY, the base value will stand at 2.5%, which is likely to have a material impact on the European Central Bank’s (ECB) monetary policy decisions.

