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Usa, incomes increased (+0,3%) and personal consumption (+0,8%) in July

The core PCE price index (excluding energy and food) showed an increase of 0,2%, thus marking the same increase as in June.

Usa, incomes increased (+0,3%) and personal consumption (+0,8%) in July

US personal income for the month of July rose by 0,3% on a monthly basis, while it was +0,2% in June. The figure was released by the Bureau of Economic Analysis and is in line with analysts' forecasts. Personal consumption (Pce) is also growing, marking +0,8%, while in June there was a negative change of 0,1%. Instead, analysts had forecast a 0,5% increase. The core PCE price index (excluding energy and food) showed an increase of 0,2%, thus marking the same increase as in June.

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