- The producer price index for final demand increased 0.1% in May, following an increase of 0.2% in the previous month. The price index for final demand excluding foods, energy, and trade increased 0.4%, the same increase as in the previous month. The producer price index for final demand increased 1.8% from May 2018 to May 2019, while the index for final demand excluding foods, energy, and trade increased 2.3%.
- The import price index decreased 0.3% in May, following a 0.1% increase in the previous month. The overall import price index decreased 1.5% from May 2018. The export price index decreased 0.2% in May, following a 0.1% increase in the previous month. The price index for overall exports decreased 0.7% from May 2018.
- The consumer price index increased 0.1% in May, following a 0.3% increase in the previous month. The core index, all items less food and energy, increased 0.1%, the same increase as in the previous month. The consumer price index increased 1.8% for the 12-month period ending in May, while the core index rose 2.0%.
- Real average hourly earnings for all employees increased 0.2% from April to May. This result stems from a 0.2% increase in average hourly earnings combined with a 0.1% increase in the consumer price index for all urban consumers.
- The number of job openings was little changed at 7.4 million on the last business day of April, according to the U.S. Bureau of Labor Statistics. Hires increased to 5.9 million, and separations were little changed at 5.6 million.
- The advance figure for initial claims for unemployment insurance increased 3 thousand to 222 thousand in the week ending June 8. The 4-week moving average was 217.75 thousand, an increase of 2.5 thousand from the previous week’s average. The advance number for seasonally adjusted insured unemployment (ongoing) during the week ending June 1 was 1,695 thousand, an increase of 2 thousand from the previous week’s revised level. The 4-week moving average was 1,683.25 thousand, an increase of 7.75 thousand from the previous week’s revised average.
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