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8:30am 04/30/04 U.S. MARCH INCOMES, SPENDING UP 0.4%
8:30am 04/30/04 U.S. MARCH REAL CONSUMER SPENDING UP 0.1%
8:30am 04/30/04 U.S. MARCH REAL DISPOSABLE INCOMES UP 0.1%
8:30am 04/30/04 U.S. MARCH CORE PCE DEFLATOR UP 0.2%, 1.4% Y-O-Y
8:30am 04/30/04 U.S. INFLATION RISING AT FASTEST PACE IN 13 MONTHS
8:30am 04/30/04 U.S. MARCH WAGES, SALARIES UP 0.2%
U.S. real consumer spending, incomes slow in March
WASHINGTON (CBS.MW) - Real consumer spending decelerated in the last month of the first quarter, rising just 0.1 percent, the smallest gain in five months, the Commerce Department estimated Friday.
Meanwhile, real disposable incomes also increased 0.1 percent in March, the smallest gain in six months.
In nominal terms (not adjusted for inflation), incomes, disposable incomes and consumer spending all increased 0.4 percent.
The personal consumption expenditure price index increased 0.3 percent while core prices (excluding food and energy prices) rose 0.2 percent.
The PCE index gained 1.6 percent in the past year.
The closely watched core rate is up 1.4 percent in the past year, the fastest year-over-year inflation since February 2003.
Enviado: 30/4/2004 16:01
