US personal income rose 0.9% mom in September, or USD 170.3B, well above expectation of 0.5% mom. Spending rose 1.4% mom, or USD 201.4B, also well above expectation of 1.0% mom. Headline PCE price index accelerated to 1.4% yoy, up from 1.3% yoy, above expectation of 1.3% yoy. Core PCE price index also edged up to 1.5% yoy, up from 1.4% yoy, above expectation of 1.4% yoy.
