*Retail sales data announced in the UK decreased more than expected. It decreased by -1.2% against the expectations of -0.5% for July and by -3.2% against the expectations of -2.1% on an annual basis. Core retail sales were also similar, falling by -1.4% on a monthly basis versus -0.7% and by -3.4% versus -2.2% on an annual basis. This decrease in retail sales gives the green light in terms of fighting inflation.

*Eurozone final consumer inflation data for July were announced. Headline inflation decreased by -0.1% monthly, while it increased by 5.3% year-on-year. Core inflation, on the other hand, decreased by -0.1% in monthly data, as in the headline, while it increased by 5.5% on an annual basis.

*Fitch: “Energy and food inflation in the UK is likely to decrease further in the coming months with the base effect”

*Moody’s: “Sticky inflation increased the risk of higher bank rates in the UK”

*Eurozone economy will continue to grow in the coming years, a deep or permanent recession is unlikely. There are many reasons to believe in the European economy.” used the phrases.

*According to the data of Gas Infrastructure Europe, the gas reserve level of the EU reached 90.12% capacity on 17 August. While this is well above the European Union’s target for November 1st, it may still not be enough to complete the winter, according to experts.