PANews reported on May 15 that the number of initial jobless claims in the United States for the week ending May 10 was 229,000, which was expected to be 229,000. The previous value was revised from 228,000 to 229,000. The annual rate of PPI in the United States in April was 2.4%, falling for the third consecutive month and the lowest since September last year. The monthly rate of PPI in April was -0.5%, the lowest since April 2020, far below the market expectation of 0.2%.