Friday 26 April 2013

Economic Buzz: U.S Core Personal Consumption Expenditures Rises 1.20% In Q1

The US Commerce Department informed that the US inflation, measured by the Personal Consumption Expenditures, rose 0.9% during the first quarter of 2013, over last quarter. The Core reading, which strips the food and energy costs, rose 1.2% QoQ. Prior surveys were calling 1.1% and 1.2%, respectively.
Source by Commodity Insights

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