China's total retail sales of consumer goods are expected to reach about 60 trillion yuan by the end of the 15th Five-Year Plan.

Italian Prime Minister Meloni's final pre-election budget includes a small exit tax targeting wealthy residents who leave Italy. The measure is in a cabinet-approved budget bill and still requires parliamentary approval. It is expected to raise under €4m in its first year (~$4.5m) and is presented as a populist move to capitalize on public discontent over persistent price rises. The announcement coincides with official data showing inflation surged last month, markedly higher than other European peers, and large cost-of-living protests from Rome to Milan that disrupted transport.

沪锡主力合约日内跌幅扩大至4.00%，现报347800.00元/吨。