USA: PCE price index rises in March
U.S. inflation on this measure is therefore slightly higher than economists had anticipated, since those at Jefferies were, for example, expecting rates of 2.6% on an unadjusted basis and 2.7% on an underlying basis.
The Commerce Department, which publishes these figures, also reports that U.S. household spending rose by 0.8% in March compared with the previous month, while household income rose by 0.5%.
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