Investing.com - The cost of goods and services included in U.S. GDP rose less-than-expected in the last quarter, preliminary official data showed on Thursday.
In a report, Bureau of Economic Analysis said that U.S. GDP price index rose to a seasonally adjusted annual rate of 0.7%, from 1.7% in the preceding quarter whose figure was revised up from 1.3%.
Analysts had expected U.S. GDP price index to rise 1.1% in the last quarter.
In a report, Bureau of Economic Analysis said that U.S. GDP price index rose to a seasonally adjusted annual rate of 0.7%, from 1.7% in the preceding quarter whose figure was revised up from 1.3%.
Analysts had expected U.S. GDP price index to rise 1.1% in the last quarter.