• The producer price index for final demand (headline index) increased 0.1% in June, the same increase as in the previous month.  The index for final demand less foods, energy, and trade held steady, after an increase of 0.4% in May. The producer price index for final demand increased 1.7% for the 12 months ended in June, and the index for final demand less foods, energy, and trade increased 2.1%.
  • The consumer price index increased 0.1% in June, the same increase as in the previous month. The core index increased 0.3%, following a 0.1% increase in the previous month. The consumer price index increased 1.6% for the 12-month period ending in June, while the core index rose 2.1%.
  • Real average hourly earnings for all employees increased 0.2% from May to June. 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 7.3 million on the last business day of May, according to the U.S. Bureau of Labor Statistics. Hires decreased to 5.7 million, and separations edged down to 5.5 million.
  • The advance figure for initial claims for unemployment insurance decreased 13 thousand to 209 thousand in the week ending July 6. The 4-week moving average was 219.25 thousand, a decrease of 3.25 thousand from the previous week’s average. The advance number for seasonally adjusted insured unemployment (ongoing) during the week ending June 29 was 1,723 thousand, an increase of 27 thousand from the previous week’s revised level. The 4-week moving average was 1,694.75 thousand, an increase of 5.75 thousand from the previous week’s revised average.

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