At 09:00 (GMT+2) in the UK, February data on the consumer price index will be released. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on monetary policy decisions. The consumer price index is expected to fall from 10.1% to 9.9% YoY, and it will rise from –0.6% to 0.6% YoY, while the core value will correct from –0. 9% to 0.8% MoM and from 5.8% to 5.7% YoY.
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