At 03:30 (GMT+2) in China, July data on Consumer Price Index will be published. 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. It has a significant impact on monetary policy decisions. The indicator is expected to correct from 0.0% to -0.5% on an annualized basis, and from -0.2% to 0.0% on a monthly basis.
