• Producers’ price index increased by 0.6% in May. Year-on-year inflation within this segment increased from 3.8% in April to 4.1%. Higher levels were reached in April 2005. • According to EC report almost all EU member states are going to have public finances deficit below 3% of GDP next year with the exception of Czech Republic and Hungary. Czech Republic remains one of the countries with riskiest public finances. • Slovakia’s inflation in May reached 1.5% y/y. Consumer prices remained flat in month-on-month comparison while the results ale slightly below market expectations. • US retail sales in May are significantly above estimates as they increased by 1.4% after 0.1% decline in April. Market expected 0.6% growth. • Consumer prices in Poland in May rose by 0.5% m/m and inflation reached 2.3% y/y. Figures are above market consensus.