USA: fold less important than envisaged GDP in the 3rd quarter

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the growth in the United States amounted to -0,3% with the third quarters, which is higher than the average forecast of the economists of -0,5%. At the second quarters, it was of 2,8%. The price index PCE increased by 5,4%, on line with waitings.

GDP (Gross domestic product): Value of all the goods and services produced inside the geographical limits of a country or a territory during a given period.

Growth (economic): Durable increase in the economic activity of a country, which one notes in particular by the trend of prices, the production, the incomes.
This growth is evaluated starting from the indicator of the gross domestic product (GDP = value of all the goods and services produced inside the geographical limits of a country) or starting from the rough national product (GNP), which takes account of flows of incomes of the economic factors between a country and the rest of the world.

Inflation: measured by the rise of the prices the consumer, it corresponds to a progressive fall of the value of the currency. Generally, a strong inflation benefits the debtor, while the creditor suffers from it.

To measure inflation, the central banks are interested in the subjacent consumer price index, i.e. out the volatile elements which are energy and the food. One then speaks about consumer price index “core”. The EDF privileges index PCE “core” which measures the trend of prices related to the household consumption.

The level of inflation regarded as acceptable by the ECB is of 2% per annum. In the United States, the “zone of comfort” of the EDF is from 1% to 2%. ( Finance Information City )