At 11:00 (GMT+2), preliminary data on the consumer price index for August in the eurozone countries will be published — the main indicator of the level of inflation, determining the change in retail prices for a certain basket of goods and services (food, transport, utilities, healthcare, etc.) and having a significant impact on monetary policy decisions. On an annualized basis, it is expected to settle at 2.0%, with the core rate falling from 2.3% to 2.2%. Overall, inflationary pressures may remain close to the European Central Bank's (ECB) target level, allowing the regulator to maintain current monetary policy in the near future, while the single currency's position may strengthen.
