At 09:00 (GMT+2), December data on the Consumer Price Index will be published in the UK. It is the main indicator of the level of inflation in the country and determines changes in retail prices for a certain basket of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on decisions on monetary policy. On an annualized basis, the CPI is expected to settle at around 2.6%, while the Core value is expected to decline from 3.5% to 3.4%. Read more