The annualized quarter-on-quarter final value of the U.S. GDP for the third quarter is 4.4%, expected 4.3%, previous value 4.3%
The annualized quarter-on-quarter final value of the U.S. GDP for the third quarter is 4.4%, higher than the expected 4.3% and the previous value of 4.3%, indicating robust economic momentum. The core Personal Consumption Expenditures (PCE) price index is 2.9%, in line with expectations and the previous value, suggesting that inflationary pressures have not significantly intensified
The economic growth and inflation data for the United States in the third quarter generally met expectations.
On Thursday, the U.S. Bureau of Economic Analysis reported that the annualized quarter-on-quarter real GDP for the third quarter was 4.4%, slightly higher than the market expectation and the previous value of 4.3%, indicating that economic momentum remains robust. Meanwhile, the core Personal Consumption Expenditures (PCE) price index for the third quarter was 2.9%, in line with expectations and the previous value, suggesting that inflationary pressures have not shown significant signs of intensifying.
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