August data on the euro area's Producer Price Index are due at 11:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account).Higher producer prices are fueling consumer inflation.
It is expected that on a monthly basis the indicator will increase from 4.0% to 5.0%, and on an annualized basis it may rise from 37.9% to 43.2%..
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