US stock index futures pare losses after economic data

Oct 29 (Reuters) – US stock index futures pared declines slightly on Thursday as investors assessed the ​latest inflation reading, released a ‌day after the US Federal Reserve kept interest rates unchanged.A Commerce Department report showed the Personal Consumption Expenditures Price index ‌rose ​0.5% in September, in ⁠line with the ⁠estimates of economists polled by Reuters. Annually, it stood at 3.6%, also in line with the estimate.The core ​reading increased 0.3% on a monthly basis, while it stood at ⁠3.1% on a year-on-year ⁠basis. Both readings were ​in line with expectationsA separate reading of ​advance gross domestic product showed the ‌US economy grew 3.4% in the third quarter, compared with the estimate of 3.2% growth. A jobless ⁠claims report for the week ended October 24 showed claims stood at 194,000, compared ⁠with ‌the estimate of 199,000.At 08:32 ⁠a.m. ET, Dow E-minis ​were ‌down 146 points, or 0.28%, ​S&P 500 ⁠E-minis were down 27.5 points, or 0.35%, and Nasdaq 100 E-minis were down 346.5 points, or 1.16%.(Reporting by Utkarsh Hathi in Bengaluru; Editing by ​Shilpi Majumdar)