Highlights from the July 2015 US PCE prices data report 28 August 2015

  • Prior 0.2%
  • Unadjusted spending 0.3% vs 0.4% exp. Prior 0.2%. revised to 0.3%
  • Personal income 0.4% vs 0.4% exp. Prior 0.4%
  • Core PCE 1.2% vs 1.3% exp y/y. Prior 1.3%
  • 0.1% vs 0.1% exp m/m. Prior 0.1%
  • PCE 0.3% vs 0.3% prior y/y
  • 0.1% vs 0.1% exp m/m. Prior 0.2%

The softer Core PCE will grab the headlines

US personal income & spending