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US: Annual Core PCE Price Index Edges Lower in February

Adel 26 March, 2021 5:12 pm Market Update

The Personal Consumption Expenditures (PCE) Price Index in February edged lower to 0.2% on a monthly basis and came in lower than the market expectation of 0.5%, the data published by the US Bureau of Economic Analysis showed on Friday.

On a yearly basis, the PCE Price Index rose to 1.6% as expected.

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