• Hlavní
  • Analytika
  • Zprávy z trhu
  • U.S. consumer spending rises 0.6 percent in September, income declines 1.0 percent, core PCE price index increases 0.2 percent
Ekonomické zprávy
29.10.2021

U.S. consumer spending rises 0.6 percent in September, income declines 1.0 percent, core PCE price index increases 0.2 percent

The Commerce Department reported on Friday that consumer spending in the U.S. rose 0.6 percent m-o-m in September after a revised 1.0 percent m-o-m jump in August (originally a 0.8 percent climb m-o-m). Economists had forecast the reading to show a 0.5 percent m-o-m increase.

Meanwhile, consumer income fell 1.0 percent m-o-m in September, following an unrevised 0.2 percent m-o-m gain in the previous month. This marked the first monthly decrease in consumer income since May. Economists had forecast a 0.2 percent m-o-m drop.

The September decline in personal income primarily reflected a fall in government social benefits, both in unemployment benefits and “other” benefits.

The personal consumption expenditures (PCE) price index, excluding the volatile categories of food and energy, which is the Fed's preferred inflation measure, increased 0.2 percent m-o-m in September, following an unrevised 0.3 percent m-o-m advance in August. Economists had projected the index would rise 0.2 percent m-o-m.

In the 12 months through September, the core PCE jumped 3.6 percent, the same pace as in the previous three months. Economists had forecast an increase of 3.7 percent y-o-y. 

Podívejte se také