USA: PCE price index down slightly in September

(CercleFinance.com) - The PCE price index - which is closely monitored by the Fed - shows that annual inflation in September was down 0.
2 points on August, at 2.1% unadjusted, but stable at 2.7% underlying (excluding energy and food).

The Commerce Department, which publishes these figures, also reported that US household spending rose by 0.5% in September compared with the previous month, while household income increased by 0.3%.

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