新加坡5月工业产出年率 13%，预期17.2%，前值由17.60%修正为16.5%。

The New York Times, citing three people involved in internal discussions, reports OpenAI is leaning toward postponing an IPO until next year; the company had targeted as early as Q3–Q4 this year. CEO Sam Altman pushed advisers to aim for a $1 trillion valuation. Recent developments — most notably Musk’s SpaceX post-IPO share slide, which fell to $153 on Thursday from a $202 peak last week — and recent tech-led market volatility forced OpenAI executives to abandon their aggressive timetable. Two people said advisers warned last week that retail investors may not show strong demand for the stock.

An ECB consumer survey released Friday showed euro-area one-year inflation expectations fell to 3.5% in May from 4.0% in April, while three-year and five-year expectations remained at 2.9% and 2.4% respectively. The survey covered about 19,000 adults across 11 countries. The ECB said uncertainty around 12-month expectations declined but remains above pre–Middle East war levels. Some ECB policymakers still favour further tightening to rein in inflation expectations, but there is wide internal disagreement over timing. Low-income households report higher current inflation perceptions and expectations; younger respondents report relatively lower levels. Financial markets price roughly one to two more ECB hikes, with the next move broadly expected to be fully priced in by autumn.