US March Core PCE Flat Compared to Previous Month, Falls Short of Market Expectations
Son Min
Summary
- The US March Core Personal Consumption Expenditure (PCE) index recorded flat compared to the previous month, lower than market expectations.
- The Core PCE fell short of Wall Street's expectation of 0.1%, showing a 0% increase.
- It was reported that compared to the same period last year, it rose 2.6%, meeting Wall Street's expectations.
The US March Core Personal Consumption Expenditure (PCE) index remained flat compared to the previous month (2.3%), falling short of market expectations.
According to the data released by the US Bureau of Economic Analysis on the 30th (local time), the US March Core PCE rose 0%, falling short of Wall Street's expectation of 0.1. Compared to the same period last year, it rose 2.6%, meeting Wall Street's expectations.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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