The US second quarter advanced reading of the Annualized GDP narrowed by 2.4%; worse than the predicted 2.6% and the prior growth rate 2.7% while the GDP Price Index rose to 1.8; better than the prior and expected reading of 1.1%.

As for the Personal Consumption for the same period, it plummeted to 1.6%; worse than the forecasted 2.4% and the prior reading of 3.0%, whereas the Core PCE inclined to 1.1%; better than the predicted 1.0% and the prior reading of 0.7%.