Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 2.3% in May from 2.2% in April (revised from 2.1%), the US Bureau of Economic Analysis reported on Friday.
01:30 PM BST, United States – Inflation Data for May:
- Real Personal Consumption: actual -0.3% MoM; previous 0.1% MoM;
- Personal Spending: actual -0.1% MoM; forecast 0.1% MoM; previous 0.2% MoM;
- Personal Income: actual -0.4% MoM; forecast 0.3% MoM; previous 0.7% MoM;
- Core PCE Price Index: actual 0.2% MoM; forecast 0.1% MoM; previous 0.1% MoM;
- PCE Price index: actual 2.3% YoY; forecast 2.3% YoY; previous 2.2% YoY;
- Core PCE Price Index: actual 2.7% YoY; forecast 2.6% YoY; previous 2.6% YoY;
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