*Spain May Inflation 3.2% Vs. 4.1% In Apr, Flash 3.2%

*China Cuts 7-day Reverse Repo Rate To 1.9% From 2.0%

*Turkey Apr Retail Sales Up 27.5% Y/Y Vs. 28.8% In March

*Spain May CPI Flat On Month Vs. 0.6% In Apr, Flash -0.1%

Indonesian Retailers Expect Sales To Rise Slightly