- Weekly: **Unemployment Initial Claims Data have been revised**
- US: Housing Starts by State and Region (Feb)
- CPB World Trade Monitor (Jan)
- CPB World Trade Monitor (Jan)
- France: Registered Unemployed & Job Vacancies (Feb)
- US: Household Employment for States and Regions (Feb)
- US: Wholesale Trade Revisions, Advance Durable Goods (Feb)
- Manufacturing Survey - Markit US (Flash - Mar), Composite Survey - US (Flash - Mar), Services Survey - US (Flash - Mar)
- more updates...
Economy in Brief
Correction to Unemployment Insurance Weekly Claims
The Department of Labor has issued a correction to yesterday's annual revision to seasonally adjusted weekly unemployment claims...
EMU PMIs Are Off to the Races...Farewell Mediocrity?
The PMI rankings for the manufacturing and service sector PMIs in the EMU are suddenly off the chart...
U.S. New Home Sales Improve While Prices Decline
Sales of new single-family homes increased 6.1% (12.8% y/y) during February to 592,000 units (AR)...
Kansas City Federal Reserve Factory Index Strengthens; Expectations Surge
The Kansas City Fed reported that its index of regional manufacturing sector business activity increased to 20 during March...
U.S. Initial Unemployment Insurance Claims Rise
Initial claims for unemployment insurance increased to 258,000 (-3.0% y/y) during the week ended March 18...
U.K. Retail Looks Less Bulletproof
For the most part, the assessments embodied in the March survey from the UK's CBI are being taken as being upbeat...
by Tom Moeller July 13, 2016
Import prices rose 0.2% (-4.8% y/y) during June following a 1.4% surge in May. It was the smallest increase since a decline in February and fell short of expectations for a 0.5% rise in the Action Economics Forecast Survey. These figures are not seasonally adjusted.
A 6.4% rise in petroleum import prices (-26.6% y/y) was the smallest rise in four months. Nonpetroleum import prices declined 0.3% (-2.0% y/y) after a 0.4% rise. Nonoil industrial supplies & materials costs eased 0.1% (-6.1% y/y) following a 1.5% surge. Foods, feeds & beverage costs declined 1.3% (-2.5% y/y). Motor vehicle & parts prices remained unchanged (-0.4% y/y). Nonauto consumer goods prices fell 0.2% (-0.5% y/y) and reversed May's increase. Capital goods prices fell 0.3% (-2.1y/y) after remaining unchanged. Capital goods prices excluding computers, peripherals & semiconductors eased 0.1% (-1.6% y/y).
Export prices increased 0.8% (-3.5% y/y) following a 1.2% jump, revised from 1.1%. A 0.4% increase had been expected.
Agricultural commodity prices surged 2.4% (-1.4% y/y) after a 2.9% increase. Nonagricultural commodity prices improved 0.5% (-3.8% y/y) following a 1.0% increase. Foods, feeds & beverage prices strengthened 2.5% (-0.4% y/y) following a 3.0% gain. Industrial supplies & materials costs also jumped 2.1% (-9.6% y/y) after a 3.0% rise. Nonauto consumer goods prices eased 0.4% (-2.6% y/y) after a 0.2% increase. Capital goods prices ticked 0.1% higher (-0.3% y/y) following no change. Motor vehicle & parts prices remained unchanged (-0.8% y/y) for the third straight month.
The import and export price series can be found in Haver's USECON database. Detailed figures are available in the USINT database. The expectations figure from the Action Economics Forecast Survey is in the AS1REPNA database.
The latest Beige Book from the Federal Reserve covering regional economic conditions can be found here.
|Import/Export Prices (NSA, %)||Jun||May||Apr||Jun Y/Y||2015||2014||2013|
|Imports - All Commodities||0.2||1.4||0.7||-4.8||-10.2||-1.1||-1.1|
|Exports - All Commodities||0.8||1.2||0.4||-3.5||-6.3||-0.5||-0.4|