FRANCE DATA: May PPI -0.5% m/m, +6.0% y/y; apr +0.8% m/m, +6.4% y/y
–May PPI well below expectations
–May mfg ppi -0.3% m/m, +5.8% y/y
–May oil product prices -4.6% m/m, +24.3% y/y
–May food and tobacco prices +0.4% m/m, +6.8% y/y
–May ind import prices -0.9% m/m, +8.0% y/y