August data on the euro area's Producer Price Index are due at 11:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. On a monthly basis, the value may continue its negative dynamics from 0.8% to 0.4%, and on an annual basis, from –2.1% to –2.5%, acting as a driver of the decline in euro quotes.
