US real GDP increased at an annual rate of 2.3% in Q1 2018

Haresh Menghani FXStreet

According to the "advance" estimate released this Friday by the Bureau of Economic Analysis, the real gross domestic product (GDP) increased at an annual rate of 2.3% in the first quarter of 2018.

Key highlights:

• GDP Price Index (Q/Q) Q1 at 2.0%; prev 2.3%
• US Personal Consumption (Q/Q) Q1 1.1%; prev 4.0%
• Core PCE (Q/Q) Q1 2.5%; prev 1.9%
• US Employment Cost Index Q1 0.8%; prev 0.6%

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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