
U.S. Q2 Real GDP Annualized Quarter-on-Quarter Initial Estimate at 1.5%, vs. 2% Expected and 2.1% Previous
The initial estimate for the U.S. Q2 real GDP annualized quarter-on-quarter growth came in at 1.5%, missing the expected 2% and the previous value of 2.1%. During the same period, the core PCE price index annualized quarter-on-quarter initial estimate was 3.4%, also falling short of the expected 3.5% and the previous value of 4.4%
The initial estimate for the U.S. Q2 core Personal Consumption Expenditures (PCE) price index annualized quarter-on-quarter growth was 3.4%, compared to an expectation of 3.5% and a previous value of 4.4%.
The initial estimate for the U.S. Q2 real GDP annualized quarter-on-quarter growth was 1.5%, compared to an expectation of 2% and a previous value of 2.1%.
More updates to follow...
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