US: PCE falls 0.1% in June, in line with market expectations.

THE Bureau of Economic Analysis (BEA), connected to Department of Commerce (DOC) from the United States, reported this Thursday (30) that the Consumer Personal Expenditures (PCE) Price Index It fell 0.1% in June, below the 0.5% recorded in May (revised from 0.4%), but in line with market projections. 

The 12-month accumulated figure for the indicator slowed from 4.1% to 3.7% between May and June, in line with investor expectations. 

The core inflation indicator, which excludes volatile items such as food and energy, showed inflation of 0.1% in June on a monthly basis, below investor expectations. Year-on-year, however, an increase of 3.3% was recorded, in line with projections. 

PCE is one of the main indicators used by Federal Reserve (Fed) in the decision on monetary policy

This text was translated by machine from Brazilian Portuguese.