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The latest US GDP numbers show a fall in first quarter profits.A wild card is the impact of emerging market growth.
The figures for August alone are likely to show a fall of more than 75% on August 2016.
He added, however, that next month's data would probably show a fall: "I would be surprised if it jumped this much and stayed there".
The three-month figures, which are a better indicator of the underlying trend, continued to show a fall with prices dropping by 3.1% in the quarter to May.
"All the statistics show a fall," concedes the housing minister, Beatriz Corredor.
If the results were pooled, they seemed to show a fall in sperm counts.
Similar(19)
And investors are likely to be buoyed by figures for April, which show a fall of 13.2%.
Department of Health statistics show a fall since 2001 in the numbers of under-16s in England who are drinking.
Industrial production, which fell by 14.5% in September on the previous year, is falling a touch less dramatically: October figures show a fall of 11.1% on 1997.
The latest ISAF figures for the number of enemy-initiated attacks from January to October in the Pushtun heartland provinces of Helmand and Nimroz show a fall of 29%.
Buying was also linked to expectations that Monday's weekly stocks report from the London Metal Exchange will show a fall of 5,000 to 10,000 metric tons of copper deliverable against contracts there.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com