At 11:00 (GMT+2), December data on the producer price index in the EU will be published. The indicator reflects changes in the price of goods at the wholesale level (raw materials, semi-finished products, and final goods are taken into account). Increasing prices for producers contributes to the growth of consumer inflation in the region. It will likely remain at −8.6% YoY and slow the negative dynamics from −0.9% to −0.7% MoM, putting pressure on the euro.
