At 11:00 (GMT+2), the August 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, health care, etc. It has a significant impact on the European Central Bank’s (ECB) decision in the field of monetary policy. It may increase from 0.0% to 0.2% MoM and consolidate at 2.2% YoY, while the core value remains at 0.3% MoM and 2.8% YoY.
