FXstreet.com (Barcelona) - The latest estimation of GDP growth remained unchanged at 4.9% compared with previous figures, and follows the 3.8% growth rated posted in the second quarter, according to information by the US Department of Commerce.

The growth rate acceleration observed in real GDP reflected accelearation in growth of exports, personal consumption expenditures and inventory investment. Negative contributions came from the increase in imports, a larger decrease in residential fixed investment and deceleration in nonresidential structures.

Personal consumption expenditures price index excluding food and energy, which is the preferred gauge for the Fed to observe inflationary pressures, rose by 2.0% in the third quarter following the 1.4% increase from the second quarter.