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US PCE price index rose to 4.3% in Aug, core PCE unchanged at 3.6%

US personal income rose 0.2% mom, or USD 35.5B, in August, matched expectations. Personal spending rose 0.8% mom, or USD 130.5B, above expectation of 0.7% mom.

Headline PCE price index rose to 4.3% yoy, up from 4.2% yoy, above expectation of 3.9% yoy. Core PCE price index was unchanged at 3.6% yoy, matched expectations.

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