Current-dollar PCE in United State is expected to decelerate slightly in September, climbing by 0.3% following a pair of 0.4% increases in July and August.
Reflecting the impact of lower prices on consumer gasoline outlays, goods spending probably dipped by 0.2% - the first contraction since April.
Stepped-up services spending likely picked up the slack during the reference period. Supported by yet another a temperature-induced jump in consumers' utilities bills, services outlays likely jumped by 0.6% in September, eclipsing the 0.5% gain posted in August, notes Societe Generale.


FxWirePro: Daily Commodity Tracker - 21st March, 2022 



