EU Consumer Price Index, 11:00 (GMT+2)

At 11:00 (GMT+2), the June data on the consumer price index of the EU countries is due. It is the main indicator of the inflation rate, determining the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. has a significant impact on the financial regulator’s decision in monetary policy. It may consolidate at 0.2% MoM, and decrease from 2.6% to 2.5% YoY, while the core value may remain at 0.4% MoM and change from 2.9% to 2.8% YoY.

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