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Friday, January 27, 2017

US fourth quarter 2016 advance GDP +1.9% vs +2.2% expected

  • Prior was 3.5%
Personal consumption
  • 2.5%
  • Expected 2.5%, prior 3.0%
Inflation
  • GDP price index 2.1%
  • GDP price index was expected at +1% q/q, prior was +1.7%
  • Core PCE 1.3%
  • Core PCE expected at +1.3% q/q, prior was +1.7%
Q1 was 0.8%, Q2 was 1.4%, Q3 was 3.5%.

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