Consumption went up USD 8.1 billion from May, due to a 0.3 percent gain in services (the same as in May). In contrast, consumption fell 0.4 percent for durables, following a flat reading in the previous month and 0.4 percent for nondurables, the same as in May.
Personal income went down USD 3.5 billion or nearly flat. It primarily reflected decreases in personal dividend income and personal interest income that were partially offset by an increase in compensation of employees. The June decrease in personal dividend income reflected a return to prior levels after a notable increase in May.
Disposable personal income (DPI) decreased USD 4.2 billion (less than -0.1 percent). Real DPI decreased 0.1 percent in June and Real PCE increased less than 0.1 percent.
The PCE price index was nearly flat, the same as in May. Excluding food and energy, the PCE price index increased 0.1 percent, also the same as in the previous month.