Core PCE (excluding food & energy):
- Prior was +2.8% (revised to +3.0%)
- Core m/m +0.0% vs +0.1% exp
- Unrounded core PCE +% vs +0.38% m/m prior
- Supercore (services ex-shelter) vs +3.34% y/y prior
- Services inflation vs +0.375% m/m prior
Headline PCE
- Headline PCE +2.3% y/y vs +2.2% expected
- Deflator +0.0% m/m vs +0.0% expected
- Unrounded headline +% vs +0.34% m/m prior
Consumer spending and income for March :
- Personal income +0.5% vs +0.4% expected. Prior month +0.8 (revised to +0.7%)
- Personal spending +0.7% vs +0.5% expected. Prior month +0.4% (revised to +0.5%)
- Real personal spending +0.7% vs +0.1% prior
- Savings rate % vs 4.6% prior
This article was written by Adam Button at www.forexlive.com.