Sept 27 (Reuters) - U.S. stock index futures moved

higher on Friday after an inflation reading supported the

narrative of moderating inflation in the economy.

The Personal Consumption Expenditure (PCE) index, the Fed's

preferred inflation measure, rose 2.2% in August on an annual

basis, compared with estimates of 2.3%, as per economists polled

by Reuters. On a monthly basis, it rose 0.1%.

Excluding volatile food and energy components, the core PCE

rose 2.7% last month, compared with expectations of 2.7%.

At 8:31 a.m. ET, Dow E-minis were up 49 points, or

0.12%, S&P 500 E-minis were up 5.75 points, or 0.1% and

Nasdaq 100 E-minis were up 31.5 points, or 0.15%.