Producer price index. China, 03:30 (GMT+2) 09 Aug

09Aug.202402:30

Producer price index. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will publish July data on the producer price index, one of the main inflation indicators, recording changes in the cost of goods and services sold. It also shows the change in production costs. The indicator may fall from –0.8% to –0.9% YoY, putting pressure on the national currency.

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09 Aug. 2024 02:30

Consumer price index. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will publish July data on the consumer price index, a key indicator of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). It has a significant impact on the decisions of the national financial regulator on monetary policy. It may change from –0.8% to –0.9% YoY and from –0.2% to –0.1% MoM.

09 Aug. 2024 07:00

Consumer price index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), 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 rise from 0.1% to 0.3% MoM and from 2.2% to 2.3% YoY, while the harmonized figure may change from 0.2% to 0.5% MoM and from 2.5% to 2.6% YoY.

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