US: Personal income and spending disappoint In October

FXstreet.com (Córdoba) - US Personal income was flat in October, weaker than the 0.2% gain expected and the 0.4% September rise. Meanwhile, spending fell for first time in 5 months, contracting 0.2% in October, having been expected to hold steady.

Inflation as gauged by the core PCE price index, which excludes food and energy, increased 0.1% last month. The core index is up 1.6% over the past 12 months.

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