July 2018 personal consumption expenditure report highlights
- Prior was 1.9%
- M/M core 0.2% vs. 0.2% exp.
- Deflator 2.3% vs 2.3% exp
- m/m deflator 0,1% vs.0.1%
Consumers
- Personal income 0.3% m/m vs +0.4% exp
- Personal spending 0.4% vs +0.4% m/m exp
- Prior personal spending +0.4%
- Prior personal income +0.4%
- Real personal spending 0.2% vs 0.2% expected
- Savings rate 6.7% vs 6.8% in June
The data was solid and for the most part as expected.
