- Prior 2.4%
- Final sales 2.7% vs 2.4% exp. Prior 2.3%. Q3 2.5%
- Consumer spending 3.3% vs 2.6% prior. Q3 2.0%
- Core PCE prices 1.3% vs 1.3% exp. Prior 1.3%. Q3 1.4%
- GDP deflator 1.6% vs 1.6% exp. Prior 1.6%.
- Exports 9.5% vs 9.4% flash and 3.9% Q3
- Imports 1.5% unch vs 2.4% Q3
A tick lower than expectations but up from the flash read. Not a bda revision for sales and a decent one for consumer spending. Prices stay low but don’t fall any further.
Muted moves in currencies on the data. USD/JPY gains 6 pips to 102.43 then gives it all back
