Nov Personal Income Above Expected At +0.5%.>

US DATA: Nov Personal Income Above Expected At +0.5% (0.3% Est)

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- Personal income +0.5%, above 0.3% expected by market

- Current dollar PCE +0.4%, meeting expectation of market

- Core PCE price index 0.1%; total PCE 0.2%; both meeting market est 

- YOY Core PCE 1.6%; YOY Headline PCE 1.5% 

- Compensation of employees +0.4%, wages and salaries +0.4% 

- Real PCE +0.3%; Real DPI +0.4%

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Personal income rose in November by $101.7B (0.5%), the largest 

increase since August. Disposable personal income increased $87.7B (0.5)

and personal consumption expenditures increased $64.9B (0.4%). The 

increase in personal income in November primarily reflected increases in 

compensation of employees, farm proprietors' income, and personal 

interest income. The MoM PCE price index was 0.157% unrounded. The MoM 

core PCE price index was 0.138% unrounded. The MoM October core PCE 

price index was 0.142%. Low inflation leaves the Federal Reserve room to 

accomodate.