
At 14:00 (GMT+2), the July data on the consumer price index in Germany is due. It is a key indicator of the inflation rate in the country, which reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc., and has a significant impact on the decisions of regulators in the field of monetary policy. It may grow from 0.1% to 0.2% MoM and 2.2% to 2.3% YoY.

