U.S. PCE Inflation Index Drops 0.1% in July, Core up 0.1%

Tiger Newspress2022-08-26

U.S. PCE inflation index drops 0.1% in July, core up 0.1%; Consumer spending rises 0.1% in July, below forecast; Personal incomes climb 0.2% in July; The 12-month increase in PCE drops to 6.3% from 6.8%.

U.S. stock futures pare losses after PCE inflation report.

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Comments

  • YTigger
    2022-08-26
    YTigger
    K
  • Attap Kia
    2022-08-26
    Attap Kia
    thanks 
  • Jacklyn26
    2022-08-26
    Jacklyn26
    OK
  • 喜慶吉祥好運
    2022-08-26
    喜慶吉祥好運
    Wow
  • Remotecam
    2022-08-26
    Remotecam
    The personal consumption expenditure - PCE Index in the United States fell 0.1% month-over-month in July of 2022, after jumping 1% in June which was the largest increase since September 2005. Prices for goods decreased 0.4% and prices for services increased 0.1%. Food prices were up 1.3% while energy cost fell 4.8%.
  • Peem
    2022-08-26
    Peem
    Ol
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