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July 15, 2026
Producer prices in the U.S. decreased in June, according to a report released by the Labor Department on Wednesday. The Labor Department said its producer price index for final demand fell by 0.3% in June after climbing by 0.6% in May. The report also said the annual rate of producer price growth slowed to 5.5% in June from 6.0% in May.
The monthly decrease in producer prices largely reflected a steep drop in energy prices, which plunged by 6.4% in June after soaring by 8.4% in May. Meanwhile, the Labor Department said prices for services rose by 0.2% in June after edging down by 0.1% in May. While prices for transportation and warehousing services edged down by 0.1%, prices for trade services climbed by 0.4%, and prices for other services inched up by 0.1%.
The report also said core producer prices, which exclude prices for food, energy, and trade services, crept up by 0.1% in June after increasing by 0.8% in May. The annual rate of growth by core producer prices came in at 5.1% in June, unchanged from May and matched the fastest rate of growth since October 2022.
A separate report released by the Labor Department on Tuesday showed consumer prices in the U.S. also decreased in June. The Labor Department said its consumer price index fell by 0.4% in June after climbing by 0.5% in May. The report also said the annual rate of consumer price growth slowed to 3.5% in June from 4.2% in May. Meanwhile, the Labor Department said core consumer prices, which exclude food and energy prices, came unchanged in June after rising by 0.2% in May. The annual rate of growth of core consumer prices slowed from 2.9% in May to 2.6% in June. 07/15/2026 - 10:02:00 (RTTNews)
A report released by the Federal Reserve Bank of New York on Wednesday showed regional manufacturing activity has picked up considerably in July. The New York Fed said its general business conditions index jumped from 5.7 in June to 15.6 in July, with a positive reading indicating growth.
The sharp increase in the headline index partly reflected a substantial acceleration in the pace of growth in new orders, as the new orders index spiked from 3.5 in June to 22.2 in July. The report showed the shipments index also surged from 8.6 in June to 24.4 in July, reaching a four-year high.
The number of employees also rose from 9.6 in June to 11.4 in July, hitting its highest level since December 2022. Meanwhile, the New York Fed said the pace of input and selling price increases remained elevated but slowed slightly. The prices paid index slid from 61.0 in June to 52.3 in July, while the prices received index fell from 31.4 in June to 27.6 in July. 07/15/2026 - 10:31:00 (RTTNews)
Euro traded at 1.1438 against USD at 9:00 AM PST
Eurozone industrial output declined in May largely due to the fall in durable consumer goods production. Industrial production slid 0.2% month-on-month, in contrast to the 0.3% rise in April. This was the first decline in four months.
Production of durable consumer goods and intermediate goods decreased 1.1% and 0.3. Partially offsetting these declines, energy output grew 2.2%. Non-durable consumer goods moved up 0.8%, and capital goods rose 0.3%. Yearly, industrial production decreased 1.2%, in contrast to the 0.4% rise in April.
Industrial production in the EU27 dropped 0.1% monthly and 0.3% from the prior year. Among the member states of EU, the largest monthly decreases were recorded in Ireland, Malta, and Lithuania. Meanwhile, Luxembourg, Hungary, and Poland reported the highest increases. 07/15/2026 - 07:51:00 (RTTNews)
Spain’s consumer prices posted a steady growth in June. The consumer price index (CPI) rose 3.2% year-on-year in June, the same rate as seen in April and May. Likewise, EU harmonized inflation held steady at 3.6% in June.
At the same time, core inflation softened from 3.0% in the previous month to 2.9%. The monthly increase in consumer prices advanced from 0.1% to 0.6%. Likewise, the harmonized index of consumer prices (HICP) also rose 0.6% after a 0.1% gain in May. 07/15/2026 - 05:19:00 (RTTNews)
The Bank of Canada (BoC) on Wednesday announced to once again leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25%, with the Bank Rate at 2.50% and the deposit rate at 2.20%.
The BoC said its Governing Council judges that the current policy rate remains appropriate to sustain the economic recovery and bring inflation back to the 2% target. Noting that uncertainty remains high, the BoC said its Governing Council will continue to assess the strength of the Canadian economy and the outlook for inflation and is prepared to adjust monetary policy as needed. 07/15/2026 - 10:26:00 (RTTNews)
China's economy logged its weakest expansion since the final quarter of 2022 on declining investment and subdued domestic consumption, underscoring the need for stimulus measures to support growth. Gross domestic product (GDP) posted an annual growth of 4.3% in the second quarter after rising 5.0% in the preceding period. The rate marked the lowest since the fourth quarter of 2022.
Retail sales increased only 1.0% yearly in June. Nonetheless, sales rebounded from a 0.6% decline seen in May. Meanwhile, industrial production growth accelerated from 4.5% in the previous month to 5.3%. 07/15/2026 - 01:43:00 (RTTNews)
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