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Personal Consumption Expenditure: Difference between revisions
Personal Consumption Expenditure (view source)
Revision as of 13:01, 31 August 2023
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* Personal income(nominal) rose 0.3% in June versus 0.4% estimate. | * Personal income(nominal) rose 0.3% in June versus 0.4% estimate. | ||
* Personal spending(nominal) rose 0.5% in-line with estimates. | * Personal spending(nominal) rose 0.5% in-line with estimates. | ||
=== July 2023 === | |||
* Core PCE increased 0.2% in July, in-line with the forecast and same as in June<ref>https://www.bloomberg.com/news/articles/2023-08-31/key-us-inflation-measures-post-modest-gains-while-spending-jumps</ref>. | |||
* Yearly, core PCE rose 4.2% in July, also in-line with the estimate but above the 4.1% increase in June. | |||
* Headline PCE grew 0.2% in July, unchanged from June and in-line with the estimate. | |||
* Yearly, headline PCE rose 3.3% versus 3.0% in June, but in-line with the estimate. | |||
* Real consumer spending rose 0.6% for the month, above the 0.5% estimate. | |||
== Personal Consumption Expenditure(PCE) == | == Personal Consumption Expenditure(PCE) == | ||