US: PCE rises 0.4% in April, below market expectations.

THE Bureau of Economic Analysis (BEA), connected to Department of Commerce (DOC) from the United States, reported this Thursday (28) that the Consumer Personal Expenditures (PCE) Price Index Brazilian inflation rose 0.4% in April, below the 0.7% recorded in March and the market projection of 0.5%. The 12-month accumulated inflation rate increased from 3.5% to 3.8% from March to April, in line with market projections. The core inflation rate, which excludes volatile items such as food and energy, showed inflation of 0.2% in April on a monthly basis, while the year-on-year comparison recorded an increase of 3.3%. PCE It 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.