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* Personal spending(nominal) rose 0.1% in May, below 0.2% estimate. | * Personal spending(nominal) rose 0.1% in May, below 0.2% estimate. | ||
* Personal income(nominal) grew 0.4%, above the 0.3% estimate. | * Personal income(nominal) grew 0.4%, above the 0.3% estimate. | ||
=== June 2023 === | |||
* Core PCE rose 0.2% in June in-line with Dow Jones estimate, and lower than the 0.3% increase in May<ref>https://www.cnbc.com/2023/07/28/pce-inflation-june-2023-.html</ref>. | |||
* Year-over-year, core PCE increased 4.1% versus 4.2% estimate, and below 4.6% increase in May. | |||
* Headline PCE rose 0.2% in June versus 0.1% in May. | |||
* Yearly, headline PCE rose 3%, down from 3.8% increase in May. | |||
* Personal income(nominal) rose 0.3% in June versus 0.4% estimate. | |||
* Personal spending(nominal) rose 0.5% in-line with estimates. | |||
== Personal Consumption Expenditure(PCE) == | == Personal Consumption Expenditure(PCE) == |