US: GDP revised up to 4.1% in Q3

FXstreet.com (Córdoba) - The US third quarter GDP was upwardly revised to 4.1% versus 3.6% previously estimated, the Commerce Department said Friday.

This rate of GDP growth follows a 2.5% in the previous quarter and is the strongest in 2 years.

The annualized pace of inflation, measured by the Personal Consumer Expenditures index was little changed at 1.9% (down from 2.0%) and 1.4% (from 1.5%) on a core basis.