United States: growth accelerated sharply in the third quarter, to 3.4% at an annualized rate
For its part, the PCE index confirmed the acceleration of inflation in September, to 3.6% over one year.
Gross domestic product (GDP) growth accelerated sharply in the third quarter in the United States, to 3.4% at an annualized rate, driven by investments and household consumption, according to official data published Thursday. Growth was 2.2% in the second quarter. The United States presents growth at an annualized rate, which projects the development observed over three months over the entire year.
From one quarter to the next, the increase is 0.8%. Furthermore, the acceleration in the rise in consumer prices in the United States was confirmed on Thursday, with the publication of the PCE inflation index, the Fed's preferred measure, up 3.6% year-on-year in September. This is nevertheless a little better than expected by analysts, who expected an increase of 3.7% year-on-year for the period, according to the consensus published by MarketWatch.
Over one month, the price increase is 0.5%, this time in line with market expectations.
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- Le Figaro29 Oct, 13:54
| Publisher Le Figaro (established tier) | +76 |
| Checkable figures cited | +3 |
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