At 11:00 (GMT+2), the July data on the consumer price index of the EU countries is due. It is the main indicator of the inflation rate and determines the change in retail prices for a certain basket of goods and services: food, transport, utilities, healthcare, etc. has a significant impact on the decision of the European Central Bank (ECB) in the field of monetary policy. It may fall from 0.2% to 0.0% MoM and rise from 2.5% to 2.6% YoY, while the core value from 0.4% to –0.2% MoM and remain at 2.9% YoY.
