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Final estimate for 1Q GDP was unchanged.....>

US DATA
US DATA: Final estimate for 1Q GDP was unchanged at -5.0%. An upward revision to
nonresidential fixed investment (-6.4% vs -7.9% prev) was offset by downward
revisions to private inventory investment(-$74.8b vs -$67.2b prev) and exports
(-9.0% vs -8.7%). PCE price index +1.3%, unchanged from second estimate while
core PCE price index rose 1.7%, up 0.1pp from the second estimate. 
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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