At 11:00 (GMT+2), August data on the consumer price index in the EU countries will be published. It is the main indicator of inflation in the region and determines changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, having a significant impact on the authorities’ decisions on monetary policy. The annualized consumer price index is expected to remain at 5.3% and it is expected to correct from –0.1% to 0.6% MoM, while the core monthly reading will remain at 0.3% and adjusted from 5.5% to 5.3% YoY.
