The ECB cut its key interest rates at its meeting last month in a welcome boost to mortgage holders and businesses, the first time it had lowered rates since 2019.
However, ECB president Christine Lagarde said earlier this month that the bank needed to be certain that inflation was under control before cutting rates again.
Eurostat, the European Union’s statistic agency, will also publish an update on inflation a day before the ECB meeting.
It will share an update on the annual inflation rate in the euro area for June on Wednesday.
Euro are annual inflation was 2.6pc in May, up from 2.4pc in April.
However, this was down from 6.1pc in May 2023.
Penneys is also set to open its first Co Wicklow store this week.
The new shop, located in Bray Central Shopping Centre, will span 19,600 sqft.
It will welcome shoppers from Thursday.
It is the retailer’s 38th store in Ireland, with over 440 stores operating across the world.
The Central Statistics Office will share an update on goods exports and imports in May today.
Exports rose 9pc in the first four months of the year, with this growth mainly driven by an increase in chemical exports.
Exports of chemicals and related products soared by €4.8bn from January to April 2024 compared with the same period last year.
Unadjusted goods imports were valued at €10.2bn in April, down €600m from a year earlier.
The residential property price index for May will be published on Wednesday.
The index rose by 7.9pc in the year to April, with prices in Dublin up 8.3pc.
Prices for new and second-hand homes both rose sharply.
Outside of Dublin, prices increased by 7.6pc as demand shows no sign of slowing.
