Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the July data on the EU producer price index is due. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and finished goods are taken into account). The increase in prices for producers contributes to the growth of consumer inflation in the region. It may fall from 0.5% to 0.3% MoM and from –3.2% to –3.3% YoY, putting pressure on the euro.

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