US Wholesale Inventories Fall 0.3% in May, in Line With Expectations
US wholesale inventories fell 0.3% in May to $905.5 billion, matching market expectations, while sales also declined 0.3%, according to the US Department of Commerce.
US Job Openings Rise to 7.769 Million in May, Surpassing Expectations and Marking Six-Month High
US job openings surged to 7.769 million in May, the highest in six months and above forecasts, signaling continued labor market resilience despite a year-on-year decline.
South Korea’s resident foreign currency deposits surged by $5.1 billion in May, driven by increased investor deposits at securities firms and corporate overseas investment funds, according to the Bank of Korea.
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Resident Foreign Currency Deposits Rise by $5.1 Billion in May—Boosted by Securities Firm Deposits
South Korea’s resident foreign currency deposits surged by $5.1 billion in May, driven by increased investor deposits at securities firms and corporate overseas investment funds, according to the Bank of Korea.
Germany's May PPI Falls 0.2% Month-on-Month, Beating Expectations (Update)
Germany's producer price index (PPI) fell 0.2% month-on-month in May, a smaller decline than expected, as energy prices continued to drop, according to Destatis.
US May Manufacturing Output Rises 0.1% from Previous Month, Misses Expectations
US industrial production fell 0.2% in May, missing expectations, while manufacturing output rose 0.1%, signaling continued sluggishness in the sector.
US Producer Prices Rise 0.1% in May, Below Market Expectations (Comprehensive)
The US Producer Price Index (PPI) rose 0.1% in May, undershooting market expectations, with core PPI and key service categories also showing subdued inflationary pressures.
Japan’s producer price index rose 3.2% year-on-year in May, falling short of expectations and signaling easing inflationary pressures as price growth slowed below 4% for the first time in months.
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Japan’s May PPI Rises 3.2% Year-on-Year, Below Expectations (Update)
Japan’s producer price index rose 3.2% year-on-year in May, falling short of expectations and signaling easing inflationary pressures as price growth slowed below 4% for the first time in months.
US May University of Michigan Consumer Sentiment Index at 52.2—Steep Decline Halts
The University of Michigan’s May consumer sentiment index held steady at 52.2, ending a four-month slide, with inflation expectations mixed and overall sentiment remaining weak.
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