US Aug PCE, Personal Income & Spending27th September, 2019 2:54 pm
While the headline numbers looked ok versus consensus, they reinforced some of the trends we’ve seen over the last few months. On the inflation side while there doesn’t seem much to worry about looking at the headline, there has been a build in core prices. Core PCE picked up to just under 1.8% y/y, which fits with the (stronger) increase we’ve seen in core CPI.
Subscribe now to see the full article
Independent Strategy research services are available by annual subscription.
For details of subscription rates and soft-dollar payments please contact:
John Armstrong or Guido Manca
Tel: +44 (0) 20 7730 4965
Fax: +44 (0) 20 7730 7963
To make a request for subscription please use the form below.