
Dow Jones consensus projects a 0.5% increase in the September personal consumption expenditures price index and a 3.1% annualized growth rate for GDP.
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The PCE price index is a key measure of inflation used by the Federal Reserve.
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus. Excluding food and energy, respective estimates for core PCE were 0.3% and 3.1%. Gross domestic product was expected to rise at a 3.1% annualized rate.
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