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The Zhitong Finance App learned that data released by the US Bureau of Economic Analysis on Thursday showed that the US PCE price index rose 3.6% year on year in September, in line with expectations. The previous value was 3.4%; the month-on-month increase was 0.5%, in line with expectations. The previous value was 0.3%. The September core PCE price index, which excludes food and energy, rose 3.1% year on year, in line with expectations. The previous value was 3.0%; the month-on-month increase was 0.3%, in line with expectations. The previous value was revised from 0.2% to 0.3%. The 3.6% overall PCE increase and the 3.1% year-on-year increase in core PCE were the highest levels in four months.
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The Zhitong Finance App learned that data released by the US Bureau of Economic Analysis on Thursday showed that the US PCE price index rose 3.6% year on year in September, in line with expectations. The previous value was 3.4%; the month-on-month increase was 0.5%, in line with expectations. The previous value was 0.3%. The September core PCE price index, which excludes food and energy, rose 3.1% year on year, in line with expectations. The previous value was 3.0%; the month-on-month increase was 0.3%, in line with expectations. The previous value was revised from 0.2% to 0.3%. The 3.6% overall PCE increase and the 3.1% year-on-year increase in core PCE were the highest levels in four months.
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