USA: The PCE price index develops less than expected in November

(AOF) – The PCE price index, the Fed’s preferred measure of inflation, rose 0.1% month-on-month in November. It is less than expected (+0.2%) against +0.4% the month before. Excluding the volatile elements of energy and food, this index (core) increased as expected by 0.2% in November and after +0.3% in October.

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