USA: +0.4% household spending in September


(CercleFinance.com) – Household consumption spending rose 0.4% in September compared to the previous month in the United States, according to the Commerce Department, an increase in line with Jefferies’ estimates.

For their part, their revenues also increased by 0.4%, still in line with Jefferies’ expectations.

Moreover, the annualized rate of increase of the PCE price index increased to +0.3% in total data, or +0.6% excluding food and energy.

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