Consumer Price Index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the July data on the consumer price index of the EU countries is due. It is a key indicator of inflation, determining the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. It may fall from 0.3% MoM and 2.0% YoY, and the core monthly value from –0.2% and 2.3% YoY, significantly affecting the monetary policy of the European Central Bank (ECB).

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