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