New Zealand GDT price index to June 23 fell 4.9% (prior -2.8%).

Germany’s pension commission has proposed tying statutory retirement age to projected life expectancy. Under the commission’s 2:1 rule, each one-year increase in projected life expectancy would, if approved, raise average working time by eight months and extend average retirement by four months. Separately, projected life expectancy in Germany hit new highs: males 79.1 years and females 83.6 years, up three months and two months respectively versus 2024.

Syrian President Shala said the government has signed energy-sector contracts to add about 5,000 MW of generation capacity and rebuild power plants, and is drafting plans to rebuild and modernize state institutions.