At 09:00 (GMT+2), the January data on the German PPI will be published. The indicator is one of the most important indicators of inflation in the economy since it measures the price change for goods sold by manufacturers at the wholesale level. It is expected that the value will correct from the current 21.6% to 20.8% YoY, and it will accelerate the negative dynamics from –0.4% to –1.2% MoM, which may contribute to the downward dynamics of the euro quotes.
