BREAKING: US GDP slightly lower, core PCE on the rise 🗽USD reacts
US greenback is declining after right now macro stories suggesting rising pricing strain throughout the US, whereas GDP numbers got here in slightly weaker than anticipated. On the different aspect private earnings rose 0.6% MoM vs 0.3% exp. whereas actual private consumption got here in slightly beneath the forecasts.
- US GDP Growth (QoQ, annualized): 2.0% vs 2.3% anticipated, 0.5% prior
- US GDP Price Index: 3.6% vs 3.9% anticipated, 3.7% prior
- US GDP Deflator SA Advance: 3.6% vs 3.6% anticipated, 3.7% prior
- US PCE Prices Advance: 4.5% vs 4.5% anticipated, 2.9% prior
- US Core PCE Prices Advance: 4.3% vs 4.1% anticipated, 2.7% prior
- US PCE Price Index YoY: 3.5% vs 3.5% anticipated, 2.8% prior
- US PCE Price Index MoM: 0.7% vs 0.7% anticipated, 0.4% prior
- US Core PCE Price Index YoY: 3.2% vs 3.2% anticipated, 3.0% prior
- US Core PCE Price Index MoM: 0.3% vs 0.3% anticipated, 0.4% prior
- US Consumer Spending MoM: 0.9% vs 0.9% anticipated, 0.5% prior
- US Personal Income MoM: 0.6% vs 0.3% anticipated, -0.1% prior
- US Real Personal Consumption MoM: 0.2% vs 0.3% anticipated, 0.1% prior
- US Initial Jobless Claims: 189K vs 212K anticipated, 214K prior
- US Continuing Jobless Claims: 1.785M vs 1.815M anticipated, 1.821M prior
- US Employment Cost Index: 0.9% vs 0.8% anticipated, 0.7% prior
Source: xStation5
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