August 2016 cable raw materials (aluminum) monthly report

1.
The annualized quarterly revised value of real GDP in the second quarter of the United States was 1.
1%, 1.
1% expected, and 1.
2%
preliminary value.
U.
S.
personal consumption expenditures (PCE) were revised 4.
4% annualized qoq in the second quarter, 4.
2% expected, and 4.
2%
preliminary reading.
The U.
S.
core personal consumption expenditures (PCE) price index for the second quarter was revised 1.
8% quarter-on-quarter quarter-on-quarter, 1.
7% expected, 1.
7% preliminary and 2.
3% revised for the US Q2 GDP deflator, 2.
2% expected, and 2.
2%
preliminary.

2.
Eurozone GDP in the second quarter was 0.
3% quarter-on-quarter preliminary value, 0.
3% expected, and 0.
3%
prior.
Eurozone GDP in the second quarter was 1.
6% year-on-year preliminary and 1.
6% expected, and 1.
6%
previously.
Eurozone preliminary manufacturing PMI for August was 51.
8 vs 52 expected and 52
prior.
Eurozone services PMI preliminary reading for August was 53.
1 vs 52.
8 expected and 52.
9
previously.
Eurozone August composite PMI preliminary reading 53.
3 vs 53.
1 expected and 53.
2
prior.

3.
China's July CPI was 1.
8% year-on-year, a six-month low, expected to be 1.
8%, and the previous value was 1.
9%.

China's July CPI was 0.
2% m/m vs -0.
1%
prior.
China's July PPI was -1.
7% year-on-year, narrowing for the seventh consecutive month, the smallest decline in nearly two years; -2% expected, -2.
6%
prior.
China's July PPI was 0.
2% m/m vs -0.
2%
prior.