The core price index of personal consumption expenditure rose only 0.6% in the fourth quarter, its smallest gain since 1962.
反映个人消费开支情况的核心价格指数在第四季度仅仅增长0.6%，增幅是1962年以来最小的水平。
Part of — this is the — it's not loan-to-value ratio — this is the ratio of mortgage debt to personal consumption expenditure.
这并非贷款价值比率的问题，一定程度上，是抵押率的问题，即负债对个人消费支出的比率。
You can see that in the early 1950s mortgage debt was only something like 25% of personal consumption expenditure, but now it's up to about 100%.
抵押贷款在20世纪50年代，只占个人消费支出的25%，现在却占到几乎100%。
The deflator for core personal-consumption expenditure (PCE), Fed officials' favoured index, was up 2.1% in the year to April.
美联储钟爱的核心个人消费品支出平减指数从年初到四月上升了2.1%。
The deflator for core personal-consumption expenditure (PCE), Fed officials' favoured index, was up 2.1% in the year to April.
美联储钟爱的核心个人消费品支出平减指数从年初到四月上升了2.1%。
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