At 14:30 (GMT+2) the July data on Producer Price Index will be published in the US. It is one of the main indicators of inflation in the country and fixes the change in prices for goods and services sold by manufacturers. It also shows the change in the cost of their production. On a monthly basis, the index is expected to correct from 0.1% to 0.2%, and on an annualized basis from 0.1% to 0.7%, while the Core monthly value will rise from 0.1% to 0.2%, and the annual rate will decrease from 2.4% to 2.3%.
