Personal Consumption Expenditure: Difference between revisions

Personal Consumption Expenditure (view source)

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 * Core personal consumption expenditures (PCE) price index rose 0.1% in August, below the 0.2% estimate and lower than the 0.2% gain in July<ref>https://www.reuters.com/markets/us/us-consumer-spending-rises-august-underlying-inflation-slows-2023-09-29/</ref>.
-* Year over year, core PCE grew 3.5%, up from 3.4% gain in July (revised up from 3.4%) and in-line with the estimate.
+* Year over year, core PCE grew 3.9%, down from 4.3% gain in July (revised up from 4.2%) and in-line with the estimate.
 * Headline PCE grew 0.4% in August, up from 0.2% in the previous month and below the 0.5% forecast.
-* On a 12-month basis, headline PCE rose 3.9%, down from 4.3% in July (revised up from 4.2%).
+* On a 12-month basis, headline PCE grew 3.5%, up from 3.4% gain in July (revised up from 3.4%) and in-line with the estimate.
 * Personal spending rose 0.4%, in-line with estimates and below 0.9% (revised up from 0.8%) gained in July.
 * Personal income rose 0.4%, also in-line with the estimate but above the 0.2% gain in July.