At 11:00 (GMT+2), July data on the Consumer Price Index in eurozone will be published, which is a key indicator of the level of inflation reflecting the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, etc. If it falls from 0.3% on a monthly basis and from 2.0% on an annual basis, and the Core CPI monthly rate — from 0.4% and the annual rate — from 2.3%, this could have a significant impact on the European Central Bank's (ECB) monetary policy decisions.
