October data on the euro area's Producer Price Index are due at 12:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. A slowdown in negative dynamics is predicted from −12.4% to −9.4% on an annual basis and a correction from 0.5% to 0.2% on a monthly basis, which is likely to occur driver of the decline in euro quotes.
