At 14:30 (GMT+2), the US will publish July data on the consumer price index. It is the main indicator of inflation in the country, reflecting the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, and so on. It has a significant impact on the decisions of the country’s financial regulator on monetary policy. It will likely be adjusted from 0.3% to 0.2% MoM and from 2.7% to 2.8% YoY, and the core monthly value may change from 0.2% to 0.3% MoM and from 2.9% to 3.0% YoY.
