US PCE and personal income and spending data 30 August 2018

  • Prior 2.2%
  • 0.1% vs 0.1% exp m/m. Prior 0.1%
  • Core PCE 2.0% vs 2.0% exp y/y. Prior 1.9%
  • 0.2% vs 0.2% exp m/m. Prior 0.1%
  • Personal incomes 0.3% vs 0.3% exp m/m. prior 0.4%
  • Spending (adj )0.4% vs 0.4% exp m/m. Prior 0.4%
  • Real spending 0.2% vs 0.2% exp m/m. Prior 0.3%

On the money. Maybe we’ll get some USD positivity that it wasn’t bad. That’s been the recent theme with inflation data, not that it’s higher but that it’s not falling. I won’t expect much though, if at all.

Ryan Littlestone

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