WASHINGTON, Nov. 8 (UPI) -- Consumer spending rose 0.2 percent in September after climbing 0.3 percent in August, the U.S. Commerce Department said Friday.
The seasonally adjusted spending figure for September matched economists' expectations.
The department's Bureau of Economic Analysis said incomes rose 0.5 percent, or by $67.4 billion, while disposable incomes rose 0.5 percent, increasing by $64.8 billion.
Savings were up as gains in income outpaced increases in spending, climbing by 4.9 percent in September after a 4.7 percent boost in July.
Inflation was subdued in September, with core consumer prices -- prices excluding food and energy items -- up 0.1 percent, matching the increase in August. Overall prices also rose 0.1 percent, same as August, the bureau said.
