(Finance) – American families’ expenses are growing more than expected. According to Bureau of Economic Analysis (BEA) of the United States, i personal consumption (PCE) they increased by 0.7% in September after +0.4% in the previous month and compare with a +0.5% estimated by analysts. Real consumption decelerated to +0.4% from +0.1%.
THE personal incomes recorded an increase of 0.3%, above the 0.4% recorded the previous month and expected by analysts.
The PCE price index core, a measure of inflationhighlights a positive change of 0.3% on the month (compared to the +0.3% expected and +0.1% recorded the previous month) and 3.7% on the year (+3.8% the previous month, +3.7% expected).
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