According to the official report, the index of personal consumption expenditures (PCE) in the United States rose weaker than expected in August, which confirmed the downward trend in inflation. On a monthly basis, the PCE index increased by 0.1%, while analysts had forecast an increase of 0.2%. On an annualized basis, the index was 2.2%, which also turned out to be lower than forecasts (2.3%) and the previous value (2.5%). The core PCE index, which excludes volatile components such as food and energy, showed an increase of 2.7% year-on-year, which coincided with analysts' expectations. In July, the benchmark index was at 2.6%. Against the background of these data, the US dollar reacted with a slight decline. The USD index dropped from 100.55 to 100.40, down 0.1%. Earlier this week, it became known that the US economy grew by 3% in the second quarter, which is significantly higher than the 1.4% growth in the first quarter. These data underline the stability of the economy against the background of fading inflationary pressures.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contactez-nous 
