At 08:00 (GMT+2), data on the German Consumer Price Index for July will be released. It is the main indicator of inflation in the country and determines the change in the level of retail prices for a certain “basket” of goods and services: food, transportation, utilities, health care and more. It is predicted that the indicator will remain at the same level of 1.7% YoY and 0.5% MoM.
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