At 11:00 (GMT+2), the data on industrial production will be published. On an annual basis the indicator is expected to decline to 1.0% in July from 2.5% a month earlier. MoM the indicator is expected to make –0.5% in July against –0.7% a month earlier. The indicator shows changes in the volumes of production. It is one of the main indicators of the state of the economy. High values strengthen EUR. Lower values have negative impact on the EUR.