Oct core PCE price index +0.1% as expected,.>

US DATA: Oct core PCE price index +0.1% as expected, after +0.2% reading 

in Sept. The y/y rate slowed to +1.8% from downward revised 1.9% y/y 

rates in both Aug (+1.927% vs prev +1.960%) and Sept (+1.937% vs +1.966%).

- Total PCE price index +0.2%, with the y/y rate +2.0% vs +2.0% in Sept. 

- Pers income +0.5%, stronger than +0.4% expected, and nominal PCE 

+0.6% vs +0.5% expected. Real PCE +0.4% after deflation by the +0.2% price 

index. Real goods PCE was +0.3%, while real services PCE was +0.5%. 

- Through one month, real PCE is running +2.4% SAAR from the Q3 average, 

a slowdown from the 3.6% rate reported Q3 GDP report on Wednesday. 

- Income was pushed upwards by +0.3% wages and salaries, as well as 

solid gains in propreitors' income, receipts on assets, and current 

transfer receipts.