Consumer Price Index. EU, 12:00 (GMT+2)

Consumer Price Index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), there are preliminary data on the consumer price index of the EU countries for November. It is the main indicator of the inflation rate in the country and determines the change in the level of retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on. It has a significant impact on monetary policy decisions. The consumer price index is expected to rise from 4.1% to 4.4% YoY, while it will decline from 0.8% to 0.1% MoM.

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