Pakistan Bureau of Statistics: May consumer price index rose 11.1% YoY.

Hongmeng Zhixing delivered 50,624 units in June, up 9.7% MoM. 1H deliveries totaled 240,000 units, up 18.6% YoY. Cumulative deliveries now exceed 1.43 mln units, the fastest million-unit milestone among China’s new-force automakers, approaching a second million. Delivery momentum was led by multiple models: Wenjie M6 reached 30,000 units in 54 days; Shangjie Z7 series exceeded 10,000 units in a single month; new-generation Wenjie M9 began scaled deliveries on June 16 and shipped over 8,000 units in two weeks.

ECB President Lagarde said the Capital Markets Union will be the best way to boost growth in Europe.