Roundup: U.S. Fed's closely watched inflation measure up 6.3 pct in April

WASHINGTON, May 27 (Xinhua) -- U.S. personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, surged 6.3 percent in April over the past year, the Commerce Department reported on Friday.

That compared with a 6.6 percent year-on-year growth in March, according to the department's Bureau of Economic Analysis.