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At 08:00 (GMT+2), the July data on the German producer price index will be published. This indicator is one of the most important indicators of inflation in the economy since it measures the change in prices for goods sold by manufacturers at the wholesale level. If the value corrects upward from the current 1.0% YoY and from –0.3% MoM, it may contribute to the upward dynamics of the euro.
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