Producer Price Index. EU, 11:00 (GMT+2)

June data on the euro area's Producer Price Index are due at 11:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. It is expected that in annual terms the value will correct from -1.5% to -3.1%, and in monthly terms it may rise from -1.9% to -0.2%, putting pressure on the euro.

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