US March PCE inflation +3.5% y/y vs +3.5% expected

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  • Prior was 2.8%
  • PCE m/m +0.7% vs +0.7% expected
  • Prior +0.4%

Core PCE (excluding food & energy):

  • Core y/y +3.2% vs +3.2% expected
  • Prior was +3.0%
  • Core m/m +0.3% vs +0.3% exp
  • Prior +0.4%

Consumer spending and income for February:

  • Personal income +0.6% vs +0.3% expected. Prior month -0.1% (revised to 0.0%)
  • Personal spending +0.9% vs +0.9% expected. Prior month +0.5% (revised to +0.6%)
  • Real personal spending +0.2% vs +0.1% prior (revised to +0.3%)
This article was written by Giuseppe Dellamotta at investinglive.com.

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