US October PCE core inflation 4.1% vs +4.1% expected

Highlights from the Fed’s preferred inflation measure

Highlights from the Fed's preferred inflation measure
  • Prior was +3.6%
  • PCE core MoM +0.4% vs +0.4% expected
  • Prior MoM +0.2%
  • Headline PCE +5.0% vs +4.6% expected (prior +4.3%)
  • Deflator MoM +0.6% vs +0.3% prior

Consumer spending and income for October:

  • Personal income +0.5% vs +0.2% expected. Prior month  -1.0%
  • Personal spending +0.7% vs +1.0% expected. Prior month +0.6%
  • Real personal spending +0.5% vs +0.3% prior

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