
At 08:30 (GMT+2), Switzerland will release Consumer Price Index data for July. It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. If it rises from 0.1% on a monthly basis and from 0.2% on an annual basis, this is likely to impact the monetary authorities' rhetoric on interest rate adjustments.

