Personal income and spending both rose in October, PCE price index up 1.6 percent year-on-year

In October, personal income increased 0.4 percent, disposable personal income (DPI) increased 0.5 percent and personal consumption expenditures (PCE) increased 0.3 percent.  The PCE price index increased 0.1 percent, and is up 1.6 percent year-on-year. Excluding food and energy, the PCE price index increased 0.2 percent, and is up 1.4 percent year-on-year.

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