US personal income increased by $98.3 billion or 0.4% in April as disposable personal income rose by 0.3%.
- The real disposable personal income increased by less than 0.1% in April, and real PCE rose by 0.7%.
- US personal outlays increased by $155.3 billion in April as personal savings came in at $815.3 billion in April.
- The PCE price index increased by 6.3% year over year in April, down from 6.6% year over year in March, signaling increases in both goods and services.
The PCE price index, excluding volatile food and energy items, increased by 4.9 percent year over year, down from 5.3% in March.
DXY up +0.09%, EURUSD down -0.15%
Source: Bureau of Economic Analysis