US: PCE came in flat in Q2

The US Commerce Department informed that the US inflation, measured by the Personal Consumption Expenditures, posted no variation during the second quarter. The Core reading, which strips the food and energy costs, rose 0.8% QoQ....
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Canada: GDP expanded 0.2% MoM in May

The Canadian economic activity expanded 0.2% on a monthly basis during May, lower than the median at 0.3% albeit bettering April’s 0.1% advance....
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