U.S. inflation and consumer spending in August
U.S. core PCE inflation was 3.0% in August, below the 3.3% forecast; headline PCE inflation was projected at 3.7%.
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Timeline
Wednesday, 30 September
- US PCE inflation rises 0.3% in August as consumer spending surges
The Personal Consumption Expenditures Price Index rose 0.3% in August
- Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
US core PCE inflation was 3.0% in August, below the 3.3% forecast
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