(Washington) Inflation in the United States fell slightly in July by 0.1%, against an increase of 1% in June, according to the PCE index published Friday by the Department of Commerce.
Posted at 8:45 a.m.
Over one year, prices also slowed their rise to 6.3% against 6.8% in June, according to this indicator favored by the American Central Bank, the Fed.
Excluding volatile energy and food costs, inflation for the month increased by 0.1% against 0.6% in June; over one year, it stood at 4.6% against 4.8% the month before.
These figures are a little better than the forecasts of analysts who bet on a PCE index up slightly by 0.1% over the month and 0.3% for underlying inflation.
Another indicator of inflation, the consumer price index CPI, published on August 10 and generally higher than the PCE, had registered at 8.5% in July, against 9.1% in June, also showing a decline in price increases.
Consumer income and spending grew less than expected in July.
Revenues rose only 0.2% against +0.7% in June, while analysts expected them to increase by 0.6%.
Consumer spending posted a very modest increase of 0.1%, against 1% the month before and also below forecasts (+0.4%), showing that high prices are weighing on household consumption .