The Commerce Department reported today that country’s Core PCE index improved in December. The seasonally adjusted Core Personal Consumption Expenditure price index grew by 0.2% exceeding expectations of 0.1% increase in December. November’s data was revised at 0.1% increase.
Annually Core PCE index increased at 1.8% pace in December.
Personal income improved by 0.5% in December. Analysts expected 0.4% growth.
Unlike income, personal spending indicator reminded almost unchanged in December instead of 0.2% increase expected.
After news release EUR/USD was traded at 1.3094.
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