France May harmonized CPI (HICP) preliminary YoY 2.8% vs 2.9% expected; April 2.5%.

USHAKOV said on the 28th the United States is unlikely to immediately accede to Ukraine's request for additional air-defence systems and missiles; he added it remains doubtful the US will "immediately satisfy" Zelenskiy's weapons request and that Zelenskiy has likely written to Washington several times. Separately, the US State Department on the 21st approved a $108.1m sale of equipment to support operation of Hawk air-defence missile systems.

Daly said productivity gains are an important channel for growth and can enable firms to expand payrolls.