U.S. Import Prices Inch Up Much Less Than Expected In June

RTTNews | 1127 dni temu
U.S. Import Prices Inch Up Much Less Than Expected In June

(RTTNews) - With a continued surge in prices for fuel imports partly offset by a decrease in prices for non-fuel imports, the Labor Department released a report on Friday showing U.S. import prices crept up by much less than expected in the month of June.

The Labor Department said import prices inched up by 0.2 percent in June after climbing by a downwardly revised 0.5 percent in May.

Economists had expected import prices to advance by 0.7 percent compared to the 0.6 percent increase originally reported for the previous month.

Meanwhile, the report showed export prices rose by 0.7 percent in June after surging by an upwardly revised 2.9 percent in May.

Export prices were expected to jump by 2.0 percent compared to the 2.8 percent spike originally reported for the previous month.

read more
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 3g 43 minut temu
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 4g 1 minut temu
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 4g 30 minut temu
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 4g 54 minut temu
U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews | 5g 28 minut temu
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | 6g 1 minut temu