OctaFX | OctaFX Forex Broker
Open trading account
Back

US: Annual core PCE price index ticks up to 1.9% in November to match expectations

The data published by the U.S. Bureau of Economic Analysis on Friday revealed that the core Personal Consumption Expenditures price index, the Fed's preferred gauge of inflation, rose to 1.9% on a yearly basis in November from 1.8 in October and came in line with the market expectation. On a monthly basis, core PCE price index remained steady at 0.1%.

Further details of the report showed that personal income increased by 0.2% on a monthly basis in November to fall short of the analysts' estimate of 0.3% and personal spending grew 0.4% in the same period vs 0.3% expected.

United States Personal Consumption Expenditures - Price Index (YoY) dipped from previous 2% to 1.8% in November

United States Personal Consumption Expenditures - Price Index (YoY) dipped from previous 2% to 1.8% in November
Read more Previous

US: UoM Consumer Confidence Index improves to 98.3 in December vs 97.5 expected

The University of Michigan's Consumer Sentiment Index rose to 98.3 in the final reading of the year from the previous estimate of 97.5 and surpassed t
Read more Next
Start livechat