The United States' Gross Domestic Product (GDP) grew at an annualized rate of 3.4% in the third quarter from the previous three months, the country's Commerce Department said on Friday, slightly below the second estimate of pulp and analyst projections heard by the Wall Street Journal, which predicted a 3.5%
The Consumer Price Index (PCE) was revised upwards from 1.5% in the second estimate to an annualized increase of 1.6% in this, in the comparison of the third quarter in relation to the period between April and June. The core of the indicator, which excludes volatile items, showed an annualized advance of 1.6% on the same basis of comparison.
