Chinese inflation ran hot in December, even if the 12-month figure tumbled. The PPI increased 0.8 percent, down from 1.6 percent a year earlier, but the fastest reading since September. U.S. PPI wasn't affected by rising Chinese PPI: Deflation's Back? Core Import Prices Tumble In December.
Consumer prices rose 0.3 percent.
Personal Income increased 0.3% in February; Spending increased 0.8%
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From the BEA: Personal Income and Outlays for February:
*Personal income increased $66.5 billion (0.3 percent at a monthly rate) in
February*, according t...
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