(CercleFinance.com) – Household consumption expenditure rose 0.6% in September compared to the previous month in the United States, according to the Commerce Department, an increase higher than Jefferies’ estimates.
For their part, their revenues also increased by 0.4%, in line with Jefferies’ expectations.
Moreover, the annualized rate of increase of the PCE price index increased to +0.3% in total data, or +0.5% excluding food and energy.
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