Coming up from China tomorrow - inflation data for May - preview

May CPI is expected at 2.7% y/y (April's was 3.3%)

• food, and notably pork, prices fell quicker in May

PPI is expected to remain deflationary at -3.3% , April was -3.1%

• there was a rebound in commodity prices but the consensus is still for a quicker fall in PPI

The data is unlikely to move FX to much extent.

Data due at 0130GMT on 10 June.