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US PCE price index slowed to 5.0% yoy in Dec, core PCE down to 4.4% yoy

Started by PocketOption, Jan 29, 2023, 03:03 pm

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PocketOption

US PCE price index slowed to 5.0% yoy in Dec, core PCE down to 4.4% yoy

US personal income rose 0.2% mom or USD 49.5B in December, matched expectations. Spending dropped -0.2% mom or USD -41.6B. PCE price index rose 0.1% mom while core PCE price index (excluding food and energy) rose 0.3% mom. Prices for goods was down -0.7% mom and prices for services up 0.5% mom. Foods prices rose […]


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Source: US PCE price index slowed to 5.0% yoy in Dec, core PCE down to 4.4% yoy