Personal income added 0.4% month-on-month (m/m) in September, in line with market expectations. Wages and salaries increased by a solid 0.6% m/m while personal income receipts on assets were up 0.4% m/m. Controlling for inflation and taxes, real personal disposable income remained flat in September. Personal consumption accelerated from August, rising by 0.6% and coming […]
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