1 Aug 2017
US: PCE price index increased less than 0.1%
"The PCE price index increased less than 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 percent", said the Bureau of Economic Analysis on Tuesday.
- Core PCE price index remained unchanged on a yearly basis at 1.5% but beat the market expectation of 1.3%
- PCE price index eased to 1.4% from 1.5% (revised from 1.4%) on a yearly basis and beat the market expectation of 1.3%