Underlying US inflation in September remained at the level of 1.3%



According to the report of the Bureau of economic analysis U.S. Department of Commerce, the basic price index of personal consumption expenditures (core PCE price index), one of the key indicators of inflation, the fed considered when forming a decision on the interest rate in September rose 0.1% compared to the previous month.

Analysts had predicted an increase of 0.1%.

In annual terms the core PCE index rose 1.3% in the previous month, continuing to fluctuate below the fed’s target of 2%.




Underlying US inflation in September remained at the level of 1.3% 30.10.2017

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