The core personal-consumption expenditures price index, also known as the core PCE deflator, rose 4.7% year over year in January, up from 4.4% in December and higher than the 4.3% growth economists surveyed by FactSet had expected. The increase in core PCE for December, initially reported as 4.4%, was revised to 4.6%, showing price growth at the end of last year was hotter than previously thought.
Headline y/y 5.4% vs 5%
Consumer spending 1.8% vs 1.4%
Personal income 0.6% vs 1% #CoSoFinance