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U.S. PCE inflation 3.4% in August as consumer spending jumps 0.9%

The official release, with the tables behind the headlines.

The Bureau of Economic Analysis reported August PCE prices up 0.3% on the month and 3.4% on the year (core: 0.2% and 3.0%). Consumer spending rose 0.9%, personal income 0.2%, and the saving rate was 4.1%.

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