He Preliminary Gross Domestic Product for the fourth quarter of 2020 has grown by 4% annualized, as expected, well below the 33.4% seen in the third quarter of the year, but improving the negative results of the first and second quarters of the year.
The phigh personal consumption expenditure preliminaries for the fourth quarter have grown by 1.5%, below the 1.8% expected. The core PCE in the same period increased 1.4%, one tenth below the 1.5% forecast.
Finally, the GDP price index is up 1.9% after the third quarter increased 3.7%. The result is far from the 2.4% rise forecast by the market.
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