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FX.co ★ European Economic News Preview: Germany Wholesale Price Data Due

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typeContent_19130:::2024-08-12T06:20:00

European Economic News Preview: Germany Wholesale Price Data Due

On Monday, the spotlight will be on Germany's wholesale price data, as it stands as the single significant report on a relatively quiet day for European economic activities.

At 2:00 AM ET, Destatis will release Germany's wholesale price figures for July. Analysts expect a 0.2 percent month-on-month increase, rebounding from a 0.3 percent decline in June.

At 3:00 AM ET, the Czech Statistical Office will unveil July's consumer price data. Economists predict that inflation will hold steady at 2.0 percent.

Finally, at 6:00 AM ET, Portugal will release its final inflation data.

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