FXstreet.com (Barcelona) - The US personal income has grown more than expected in February, while spending have decreased according to consensus, PCE prices decreased, according to latest report released by the US Commerce Department.
Personal income increased 0.5% in February from January, more than 0.3% expected by market, January was posted at 0.3% increase. Personal spending has increased 0,1%, less than the prious date of 0.4% increase in January. Consensus was 0.1% increase.
The PCE price index has risen 0.1% in February from January, less than 0.3% posted in the last month, consensus was a increased of 0.1%.
Year to year, PCE price index has risen 2.0% in February, less than 2.2% increase posted in January, consensus was a increased of 2.1%.