Friday, June 29, 2007

Year-over-year core PCE index up 1.9 pct in May

(Reuters) - The core personal spending price index advanced by 0.1 percent from a month ago and that was exactly in line with economists' expectations. That was after the same advance a month earlier.




Personal income advanced by a lower-than-expected 0.4 percent in May after a 0.2 percent decrease in April that was revised from a 0.1 percent decrease. Economists were expecting a 0.6 percent gain.


Read more at Reuters.com Economic News

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