The personal income and expense report did not generate major surprises in the market, with several figures in line with expectations. The personal income it increased 0.4% in November, equal to the market consensus. The 0.6% rise in personal expense it also matched expectations. Among the most relevant data was that of underlying price index […]
Tag: Consumer Expense
Core index of personal consumption expenditure remains at 3.6% in July, in line with expectations
The personal income and cat report, which includes important inflation figures, showed numbers mostly within expectations and it did not have a major impact on the market, where traders are as expected from Powell’s speech. The personal income it increased 1.1% in July, more than 0.2% of the market consensus. In June there was an […]
Core price index of personal consumption spending rises to 3.5%, below the 3.7% expected
Personal income and expense report with mixed numbers. Inflation data from the report below expectations. The personal income during June it increased 0.1%, which was positive since a contraction of 0.3% was expected. The May figure was revised down from -2% to -2.2%. Regarding spending, it registered an increase higher than the 0.7% expected, which […]
Core price index of personal consumption expenditure rises to 3.4% in May, highest since 1991
The personal income and expenditure report showed mixed figures and generated an extension of the fall in dollar. The key data of Core price index of personal consumption spending climbed to 3.4% (YoY) the highest level since 1991. This figure was in line with expectations. The personal income in May it fell 2%, which was […]
USA: Another inflation indicator flashing red
Data released on Friday showed an impressive drop in personal income in April (expected) and the underlying PCE rose to the highest level since 1994. Wells Fargo analysts point out that the 13.1% drop in personal income in April masks widespread growth in a variety of personal income sources that were wiped out by the […]
Core inflation of personal consumption spending rises more than expected to 3.1% in April, the highest since 1994
The April personal income and spending report from the United States, which includes important inflation data, showed generally higher than expected figures, although with no surprises in the direction. The person incomel, which was expected to fall 14.1%, fell 13.1%, after the 20.9% rise in March (revised from 21.1%). For its part, personal spending increased […]
Core price index of consumer spending rises 1.8% in March
The personal income and expenditure report, which includes important inflation figures, showed figures above expectations. Personal income increased 21.1% in March, more than the 20.3% expected, and drove a rebound after falling 7% the previous month. It is the highest monthly increase in history and reflects the increase in the state’s social benefits. The personal […]
Personal income falls 7.1% in February and spending 1%
The Personal income in the US posted a 7.1% drop in February. Despite the magnitude, it did not generate surprise since even the market consensus was for a fall greater than 7.3%. In January there was a rise of 10.1%. The consumer spending fell 1%, a decline greater than the average of analyst estimates which […]
No plan to reduce sales tax – Suga
The Prime Minister of Japan, Yoshihide Sugasaid on Friday that they do not plan to lower the sales tax, as reported by Reuters. “There is still a risk that coronavirus infections will rebound,” added Suga. He indicated that the government continues to offer all possible support to the Business. The prime minister stated that they […]
January personal income largely reflects stimulus controls – Wells Fargo
During January, personal income increased 10%. Wells Fargo Analysts explain that the number reflects stimulus controls that also boosted spending. Despite the 2.4% increase in personal spending in January, they note that the faster increase in income raised the personal savings rate to 20.5% in January. Key statements: “Personal income soared 10% in January, largely […]