Free Trial

June core PCE price index +0.1% (unrounded..>

US DATA
US DATA: June core PCE price index +0.1% (unrounded +0.112%) as expected, 
while the y/y rate remained unchanged at +1.5% after upward revision to 
May. Total PCE price index flat (unrounded +0.023%), with y/y rate +1.4% 
from rev up +1.5% in May, lowest since Sep. 2016. Pers income flat in 
June vs +0.4% expected, nominal PCE +0.1% as expected, real PCE flat m/m 
and +2.8% SAAR as reported with GDP on Friday. Wages and salaries +0.4%, 
while the other income components were mixed, with proprietors' income 
and personal income on assets down while rental income and personal 
current transfer receipts up. See MNI main wire. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.