June came in flat at 0.0% m/m (vs. prior of +0.2%) (preview, here)
- The y/y is +3.6%, above its long term trend of 2.9%
- The annualised growth trend of the coincident index was 2.5%, which is below its long term trend of 2.9% (the coincident index gives a measure of current activity)
- Growth rate in ht leading index has sloed to its slowest since November 2012
