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First, macroeconomics
First, macroeconomics1.
The US CPI in May was 0.
2% month-on-month, 0.
3% expected, and 0.
4%
in the previous month.
U.
S.
CPI 1% y/y in May, 1.
1% expected and 1.
1%
prior.
US core CPI May was 0.
2% m/m vs 0.
2% expected and 0.
2%
prior.
US core CPI in May was 2.
2% y/y vs.
2.
2% expected and 2.
1%
prior.
2.
The US PPI in May was -0.
1% year-on-year, -0.
1% expected, and 0.
0%
in the previous month.
U.
S.
PPI 0.
4% m/m in May, 0.
3% expected and 0.
2%
prior.
U.
S.
core PPI for May was 1.
2% y/y versus 1% expected and 0.
9%
prior.
US core PPI for May was 0.
3% m/m vs 0.
1% expected and 0.
1%
prior.
3.
Eurozone May CPI year-on-year final value -0.
1%, expectations -0.
1%, preliminary value -0.
1%.
Eurozone core CPI May final value was 0.
8% y/y, 0.
8% expected, and preliminary reading 0.
8%.
Eurozone CPI May was 0.
4% m/m vs 0.
3% expected vs.
0.
0%
prior.
4.
IMF: It is expected that if the UK leaves the European Union, the British economy may fall into recession
.
The UK could see a weakening economy and rising inflation, market turmoil and credit crunch
.
Britain's departure from the EU would also affect other European economies
.
The impact of leaving the EU on the UK would be "negative and enormous"
.
5.
China's May CPI was 2% year-on-year, 2.
2% expected, and 2.
3%
in the previous month.
China's May PPI was -2.
8% y/y vs.
-3.
2% expected and -3.
4%
prior.
China's industrial added value above designated size in May was 6% year-on-year, 6% expected, and 6%
in the previous month.
The added value of China's industries above designated size from January to May was 5.
9% year-on-year, 5.
9% expected, and 5.
8%
in the previous month.
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