during the week : germany , may import prices -lrb- up 0.2 per cent on month , down 2.1 per cent on year -rrb- , may m3 -lrb- up 8.5 per cent -rrb- , june preliminary cost of living -lrb- up 0.3 per cent on month , up 4.3 per cent on year -rrb- ; italy , may trade balance -lrb- l2.1 trillion deficit -rrb- , june , cpi - major cities -lrb- up 5.8 per cent on year -rrb- , april cumulative psbr -lrb- l55 trillion -rrb- , may bank lending -lrb- up 15 per cent on year -rrb- , may hourly earnings -lrb- up 6.5 per cent on year -rrb- ; belgium , may cpi .