US consumer spending rose 6.2% last month compared to the same month last year.


The fact that record-breaking inflation continues is highlighted once again, and attention will be paid to its impact on future interest rate hike decisions.

Last month's consumer spending index, released by the US Department of Commerce on the 28th, rose 6.2% from the same month last year.



The growth rate was the same as in August.



Excluding volatile energy and food, the index rose 5.1%.



It was 0.5% higher than the previous month, again underscoring the continuation of record inflation across a wide range of sectors.



FRB = Federal Reserve Board, which is the central bank of the United States, emphasizes personal consumption expenditure as an indicator to determine the actual situation of inflation.



There is some market speculation that the continuation of significant interest rate hikes will slow the economy and slow the pace of rate hikes, but the data continue to point to strong inflation, with the Fed Attention will be paid to the discussion at the monetary policy meeting to be held from November 1st and the impact on the decision to raise interest rates in the future.