The Housing Chronicles Blog: Personal income rose more than spending in May; price index shows lower inflation

Friday, June 30, 2017

Personal income rose more than spending in May; price index shows lower inflation

Personal income increased 0.4 percent in May, disposable personal income (DPI) increased 0.5 percent and personal consumption expenditures (PCE) rose 0.1 percent. The PCE price index decreased 0.1 percent from April but rose 1.4 percent year-on-year.  Excluding food and energy, the PCE price index increased 0.1 percent from April and rose 1.4 percent year-on-year.

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