At 10:00 (GMT+2), July data on the Consumer Price Index in Italy 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 0.4% on a monthly basis and from 1.7% on an annual basis, and the Harmonized indicator falls from 1.0% and 1.7%, respectively, this could affect the rhetoric of monetary authorities on the issue of adjusting the interest rate.
