At 14:30 (GMT+2), the June data on the producer price index will be published in the US. It is one of the main indicators of inflation in the country and consolidates the change in prices for goods and services sold by manufacturers. It also shows the change in the cost of their production. The index is expected to correct from –0.3% to 0.2% MoM and from 1.1% to 0.4% YoY, while the core value will remain at 0.2% MoM and decrease from 2.8% to 2.7% YoY.
