US PCE remain stable in Q1

Source: TeleTrade
© Reuters
The Personal Consumption Expenditure Price Index grew 0.3% during the first three months, following a 0.3% increase registered in the Q4 2015 and surpassing economists' 0.2% forecast. The PCE Index eliminating food as well as energy rose 2.1% in the Q1 2016, whereas analysts expected a 1.9% hike, after a 1.3% improvement seen in the Q4 2015.
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