At 08:00 (GMT+2), August data on the German producer price index will be published. The indicator is one of the most important indicators of inflation in the economy since it measures changes in prices for goods sold by manufacturers at the wholesale level. Negative dynamics are projected to increase from –6.0% to –12.8% YoY and the figure may adjust from –1.1% to 0.2% MoM, which, in turn, could become a catalyst upward dynamics of the euro.
