FED’S PREFERRED INFLATION MEASURE ROSE IN DECEMBER

[infogram id=”87b08ee7-2f78-43d5-88e6-757b5e88c4b2″ prefix=”d8D” format=”interactive” title=”PERSONAL SPENDING 01312025″]

Key Points:

  • U.S. consumer spending rose by 0.7%, or $133.6 billion, in December, up from 0.4% in November.
  • Personal income increased by 0.4%, or $92.0 billion, in December, up from 0.3% in November.
  • The overall personal consumption expenditures price index rose 0.3% in December and is up 2.6% from a year prior.
  • The core personal consumption expenditures price index, which excludes food and energy, rose 0.2% in December and is up 2.8% from a year prior.
  • The Right Facts will continue to monitor spending, prices, and income.
Source