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|2.90% | |2.90% | ||
|0.2% | |0.2% | ||
|Link | |[https://www.bea.gov/sites/default/files/2024-01/pi1223.pdf Link] | ||
|- | |- | ||
|Dec-22 | |Dec-22 | ||
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* On a yearly basis, core PCE rose 2.9%, below expectations for a 3% increase. | * On a yearly basis, core PCE rose 2.9%, below expectations for a 3% increase. | ||
* Personal income fell to 0.3%, in line with the forecast while spending rose 0.7%, exceeding the 0.5% estimate. | * Personal income fell to 0.3%, in line with the forecast while spending rose 0.7%, exceeding the 0.5% estimate. | ||
* Headline PCE rose 0.2% on the month and 2.6% on a yearly basis, both in line with the forecasts. | * Headline PCE rose 0.2% on the month and 2.6% on a yearly basis, both in line with the forecasts. | ||
== Personal Spending Developments == | == Personal Spending Developments == |