China Auto Dealers issue a Vehicle Inventory Alert – the index soared most on record by 18.6 percentage points to 61.5%. (A reading above 50% indicates low market demand and high inventories). The total market demand index was 23.0%, a decline of 51.6 percentage points, a substantial decline in market demand index. Source: ZeroHedge
Amazon Japan has suspended direct online sales of Huawei Technologies Co. products after Washington last week blacklisted the Chinese communications giant, sources close to the matter said Friday. Source Japan Times
Russia’s industrial output growth in April 2019 jumped to 4.9% year-on-year after 1.2% growth in March, according to the latest data by Rosstat statistics agency. Source: BNE
