BREAKING: US PCE in line with expectations, personal income and pending home sales higher 💵

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US PCE Price Index YoY: 2.3% (Forecast 2.3%, Previous 2.1%)

US PCE Price Index MoM Actual 0.2% (Forecast 0.2%, Previous 0.2%)

US Core PCE Price Index YoY: 2.796178% (Forecast 2.8%, Previous 2.7%)

US Core PCE Price Index MoM: 0.3% (Forecast 0.3%, Previous 0.3%)

US Real Personal Consumption MoM: 0.1% (Forecast 0.2%, Previous 0.4%)

US Consumer Spending MoM: 0.4% (Forecast 0.4%, Previous 0.5%, Revised 0.6%)
US Personal Income MoM: 0.6% (Forecast 0.3%, Previous 0.3%)

US Pending Home Sales MoM: 2% (Forecast -2% Previous: 7.4%)

US consumers data point to lower spending, despite upbeat higher personal income; pending home sales rises, while US PCE came in line with expectations at 2.3% YoY and 2.8% YoY for Core PCE.

Source: xStation5

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Economic calendar: EIA oil report and US treasury auction in focus 🔎

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