<p>The actual GDP for the United States in the second quarter increased at an annualized rate of 2.8% quarter-on-quarter, higher than the expected 2%, with a previous value of 1.4%; the core Personal Consumption Expenditures (PCE) Price Index for the United States in the second quarter increased at an annualized rate of 2.9% quarter-on-quarter, higher than the expected 2.7%, with a previous value of 3.7%. The economic growth rate in the United States in the second quarter exceeded expectations, indicating that demand remains robust despite the significant pressure from rising borrowing costs</p>

<p>The initial estimate of the US GDP for the second quarter showed a real growth of 2.8%, exceeding the expected value of 2%. The core personal consumption expenditure price index increased by 2.9%, higher than the expected value of 2.7%. This indicates that despite the heavy pressure of rising borrowing costs, demand in the US in the second quarter remains strong</p>

Preliminary Estimate of US Second Quarter GDP