US initial jobless claims unchanged at 229k.US initial jobless claims was unchanged at 229k in the week ending May 10, slightly below expectation of 230k. Four-week moving average of initial claims rose 3k to 230.5k.
US PPI at -0.5% mom, 2.4% yoy in April, below expectations.US PPI fell -0.5% mom in April, below expectation of 0.2% mom. PPI services fell -0.7% mom while PPI goods was unchanged.
US retail sales rises 0.1% mom in Apr, ex-auto sales up 0.1% mom.US retail sales rose 0.1% mom to USD 724.1B in April, matched expectations. Ex-auto sales rose 0.1% mom to USD 582.5B, below expectation of 0.3% mom.
US Retail Sales rise by 0.1% in April vs. 0% expected.Retail Sales in the United States (US) rose by 0.1% in April to $724.1 billion, the US Census Bureau announced on Thursday. This reading followed the 1.5% increase (revised from 1.4%) recorded in March and came in slightly better than the market expectation for a no change.
US: Initial Jobless Claims matched consensus at 229K last week.US citizens filing new applications for unemployment insurance held steady at 229K for the week ending May 10, as reported by the US Department of Labor (DOL) on Thursday. This print matched initial estimates and the previous week's revised tally of 229K (revised from 228K).