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Forex news -forex broker review => Forex => Topic started by: forex4you on Oct 30, 2022, 07:46 am

Title: US September PCE core inflation +0.5% m/m vs +0.5% expected
Post by: forex4you on Oct 30, 2022, 07:46 am
US September PCE core inflation +0.5% m/m vs +0.5% expected

<ul><li>PCE core m/m +0.5% vs +0.5% expected</li><li><a href="https://www.forexlive.com/news/us-august-pce-core-inflation-06-mm-vs-05-expected-20220930/" target="_blank">Prior </a>m/m +0.6%</li><li>Core PCE y/y +5.1% y/y vs +5.2% expected</li><li>Prior was 4.9% y/y</li><li>Headline PCE 6.2% y/y vs +6.2% prior </li><li>Deflator m/m +0.3% vs +0.3% prior </li><li><a href="https://www.bea.gov/news/2022/personal-income-and-outlays-september-2022" target="_blank" rel="nofollow">Full report</a></li></ul><p>Consumer spending and income for August:</p><ul><li>Personal income +0.4% vs +0.3% expected. Prior month  +0.3% </li><li>Personal spending +0.3% vs +0.4% prior</li><li>Real personal spending +0.6% vs +0.4% expected. Prior month +0.4%</li></ul><p>The market is encouraged by this data as equity <a href="https://www.forexlive.com/terms/f/futures/" target="_blank" id="2037a59d-f6cf-44c1-a57d-162e04589957_1" class="terms__main-term">futures</a> pare losses and yields come down from the highs. It's generally in line with estimates but there have been so many hot readings that the market was likely leaned against a surprise.</p>

                This article was written by Adam Button at forexlive.com.

Source: US September PCE core inflation +0.5% m/m vs +0.5% expected (https://forexlive.com/news/us-september-pce-core-inflation-05-mm-vs-05-expected-20221028/https://forexlive.com/news/us-september-pce-core-inflation-05-mm-vs-05-expected-20221028/)

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