- Analytics
- News and Tools
- Market News
- Breaking: US annual Core PCE inflation rises to 5.1% in September vs. 5.2% expected
Breaking: US annual Core PCE inflation rises to 5.1% in September vs. 5.2% expected
Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, stayed unchanged at 6.2% on a yearly basis in September, the US Bureau of Economic Analysis announced on Friday.
The Core PCE Price Index, the Federal Reserve's preferred gauge of inflation, edged higher to 5.1% on a yearly basis from 4.9% in August, compared to analysts' estimate of 5.2%, and was up 0.5% in September.
Further details of the publication revealed that Personal Spending was up 0.6% in September and Personal Income rose by 0.4%.
Market reaction
The US Dollar Index retreated from daily highs with the initial reaction and was last seen rising 0.15% on the day at 110.76.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
