US PCE Core MoM for November 0.1% vs 0.1% estimate. YoY Core 1.5% vs 1.5% est.

Personal income and spending also out for November

• PCE core 0.1% versus 0.1% estimate. Last month 0.2%
• PCE core year on year 1.5% versus 1.5% estimate. Up from last months 1.4%
• PCE deflator MoM 0.2% versus 0.3% estimate
• PCE deflator YoY 1.8% versus 1.8% estimate.
• Personal spending increased by 0.6% versus 0.5% estimate. Prior month was revised lower 20.2% from 0.3%
• Personal income for November rose by 0.3% versus 0.4% estimate. The prior month remained unchanged at 0.4%
• The increase in personal income in November primarily reflected increases in wages and salaries and personal interest income

Below is a chart of the Core PCE YoY. The measure is building but still remains near lower levels.