Data released a short time ago by the Bureau of Economic Analysis in the United States of America showed an increase in the US gross domestic product in the second quarter of this year ending in June in an initial estimated reading of 6.5%, compared to 6.4% in the first quarter, to come less than the expectations of the markets that indicated It increased by 8.5%, while the estimated reading of GDP prices rose by 6% in the first quarter compared to the revised reading of the first quarter to 4.3%, better than the market expectations that indicated a rise to 5.4%.

The increase in GDP growth for the second quarter reflected the continued economic recovery and the reopening of institutions, which was reflected in an increase in personal consumption expenditures.

Gross domestic product in dollars rose by 13% at an annual rate, or $684.4 billion, to a level of $22.72 trillion, compared to an increase of 10.9% in the first quarter.

On the other hand, initial jobless claims showed an increase in the number of Americans applying for unemployment benefits last week by 400,000, compared to 419 thousand in the previous week, compared to expectations that it had declined by 385 thousand, bringing the number of Americans applying for unemployment to more than 13 million.

The US dollar is trading at its lowest level in a month, below the 92 levels, at 91.94 levels, after announcing the data that came less than the market’s expectations.