CORE PRICES TICKED UP IN MARCH

Key Points:

  • U.S. consumer spending rose by 0.8%, or $160.9 billion, in March, the same reading as February.
  • Personal income increased by 0.5%, or $122.0 billion, in March, after rising 0.3% in February.
  • The overall personal consumption expenditures price index rose 0.3% in March and is up 2.7% from a year prior.
  • The core personal consumption expenditures price index, which excludes food and energy, rose 0.3% in March and is up 2.8% from a year prior.
  • The Right Facts will continue to monitor spending, prices, and income.
Source