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May PPI Preview - 08:30 EDT/13:30 BST.......>

US DATA
US DATA: May PPI Preview - 08:30 EDT/13:30 BST
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- May PPI is expected to rise by 0.1%, based on both the Bloomberg consensus and
MNI survey of analysts. This follows a 0.2% gain in the previous month.
- Core PPI is forecast to rise by 0.2%, again based on both surveys.
- Forecast misses for both overall and core PPI have been roughly evenly split
over the last 10 years between overestimates, underestimates, and correct
estimates, so a surprise is possible. 

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