Personal Consumption Expenditure: Difference between revisions

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!Core PCE Price Index M/M<ref>https://www.investing.com/economic-calendar/core-pce-price-index-61</ref>
!Core PCE Price Index M/M<ref>https://www.investing.com/economic-calendar/core-pce-price-index-61</ref>
!Full Release
!Full Release
|-
|Dec-22
|2.6%
| -0.10%
|3.20%
|0.1%
|Link
|-
|-
|Nov-30
|Nov-30
|3.0%
|2.9%
|0.00%
|0.00%
|3.50%
|3.40%
|0.20%
|0.10%
|[https://www.bea.gov/sites/default/files/2023-11/pi1023.pdf Link]
|[https://www.bea.gov/sites/default/files/2023-11/pi1023.pdf Link]
|-
|-
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* Personal income and spending grew by 0.2% on the month, both in-line with the estimates.
* Personal income and spending grew by 0.2% on the month, both in-line with the estimates.
* Headline PCE was flat in October but grew 3% year-over-year, compared to growth of 3.4% year-over-year in September.
* Headline PCE was flat in October but grew 3% year-over-year, compared to growth of 3.4% year-over-year in September.
=== November 2023 ===
* Core PCE rose 0.1% in November<ref>https://www.bea.gov/sites/default/files/2023-12/pi1123.pdf</ref>, lower than the 0.2% estimate and same as the previous month (revised down from 0.2%).
* Yearly, core PCE rose 3.2%, lower than 3.3% expected and 3.4% in October (revised down from 3.5%).
* Personal income rose 0.4% while and spending grew by 0.3% on the month, both in-line with the estimates.
* Headline PCE fell 0.1% in November versus expectations to be flat.
* Year-over-year, Headline PCE was up 2.6%, lower than 2.8% estimate and 2.9% in October (revised down from 3.0%).


== Personal Spending Developments ==
== Personal Spending Developments ==