Preliminary data on the German Consumer Price Index for October are due at 13:00 (GMT+2). It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. On an annualized basis, the index is expected to decline from 1.2% to 1.1%. The implementation of the forecast can put pressure on EUR.
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