The Americans’ personal income rose 0.6% in December, exceeding the estimated 0.1% increase. This is the first monthly rise after two consecutive months of declines.
November’s result was revised downward, with a final drop of 1.7% compared to the 1.1% decline published a month ago.
Personal expenses showed a result of -0.2%, improving the expected -0.4% and the previous -0.7% (revised down from -0.4%).
The underlying price index of personal consumption expenditure increased 0.3% in December, improving the 0% of the previous month and the 0.1% forecast. The annual indicator grew 1.5% versus 1.3% expected and 1.4% previously.
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