US personal income rose more than expected in January

Market news

1 March 2017

US personal income rose more than expected in January

Personal income increased $63.0 billion (0.4 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $40.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $22.2 billion (0.2 percent).

Real DPI decreased 0.2 percent in January and Real PCE decreased 0.3 percent. The PCE price index increased 0.4 percent. Excluding food and energy, the PCE price index increased 0.3 percent.

German inflation up 2.2% on year

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