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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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  • YTigger
    ·2022-08-26
    K
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  • Goondu
    ·2022-08-26
    thanks 
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  • Jacklyn26
    ·2022-08-26
    OK
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  • 遵道秉義
    ·2022-08-26
    Wow
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  • Remotecam
    ·2022-08-26
    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%.
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  • Peem
    ·2022-08-26
    Ol
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  • superpopo
    ·2022-08-26
    What ever
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