At 08:00 (GMT+2), German will release its June consumer price index data — a key gauge of inflation that reflects changes in retail prices across a representative basket of goods and services, including food, transportation, utilities, healthcare, and other consumer categories. If it grows from −0.3% MoM and 2.6% YoY, and the harmonised index from −0.2% to 2.7%, respectively, this would certainly affect the rhetoric of the monetary authorities regarding interest rate adjustments.
