US May core PCE inflation +4.6% y/y vs +4.7% expected

<ul><li><a href="https://www.forexlive.com/news/us-april-pce-core-inflation-47-vs-46-expected-20230526/" target="_blank" rel="follow">Prior </a>was +4.7%</li><li>PCE core +0.3% m/m vs +0.3% expected</li><li>Prior MoM +0.3%</li><li>Headline inflation PCE +3.8% y/y vs +4.4% prior (revised to +4.3%)</li><li>Deflator +0.1% m/m vs +0.4% prior</li></ul><p>Consumer spending and income for May:</p><ul><li>Personal income +0.4% vs +0.3% expected. Prior month +0.4% (revised to +0.3%)</li><li>Personal spending +0.1% vs +0.2% expected. Prior month +0.5% (revised to +0.2%)</li><li>Real personal spending +0.0% vs 0.5% prior</li></ul>

This article was written by Adam Button at www.forexlive.com.