Inflation slowed in April in the United States, at 6.3% over one year against 6.6 in March, according to the PCE index.
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U.S. consumer price inflation, excluding energy and food, also slowed year on year in April, Commerce Department statistics showed.
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In effect, the “core PCE” price index, the measure of inflation favored by the American central bank, posted an increase of 4.9% year on year against 5.2% in March. From one month to another, the progression is 0.3%, like the previous month.
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consumer spendingwhich account for more than two-thirds of US economic activity, increased by 0.9% last month after jumping 1.4% (revised) the previous month. Economists polled by Reuters on average forecast a 0.7% rise in such spending in April.
Household incomes, for their part, rose by only 0.4% after rising 0.5% in March, while the consensus was anticipating an increase of 0.5%.
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