(Finance) – Less than expected household expenses American in July, as well as income. According to Bureau of Economic Analysis (BEA) in the United States, personal consumption (PCE) rose by 0.1% after + 1% the previous month (revised from + 1.1%) and compares with the + 0.4% estimated by analysts.
THE personal income they recorded an increase of 0.2%, against expectations of + 0.6%, and compared to the previous + 0.7% (figure revised by a preliminary of + 0.6%).
The PCE price index core, a measure of inflationshows a negative change of 0.1% on the month (+ 1% the previous month) and up by 6.3% on the year less than the consensus forecasts (+ 6.8% the previous month).