At 11:00 (GMT+2), August data on the Consumer Price index in the Eurozone will be published. It is the main indicator of inflation and determines the change in the level of retail prices for a particular basket of goods and services — food, transport, utility costs, health care and so on — which has a significant impact on the European Central Bank's (ECB) monetary policy decisions. The consumer price index is expected to be fixed at around 0.0% MoM and decrease from 2.6% to 2.2% YoY while the base monthly value is likely to remain at -0.2%, and the annual value will decline from 2.9% to 2.8%.
