Charting the Global Economy: US Consumers Remain Resilient

US consumer spending rose in July by the most in four months as stronger income growth bolstered demand in the face of high prices.

While Americans continue to spend, the momentum is at risk of ebbing as job growth slows and prices keep climbing. The Federal Reserve’s preferred gauge of core inflation picked up to 2.9% on a year-over-year basis, the most since February.

In Germany, inflation quickened more than expected while price pressures were more moderate in France, where political instability risks endangering a nascent economic recovery.

Here are some of the charts that appeared on Bloomberg this week ...