US Core PCE Price Index m/m
It's the Federal Reserve's primary inflation measure. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention;
- US Core PCE Price Index m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jan 31, 2025 | 0.2% | 0.2% | 0.1% |
Dec 20, 2024 | 0.1% | 0.2% | 0.3% |
Nov 27, 2024 | 0.3% | 0.3% | 0.3% |
Oct 31, 2024 | 0.3% | 0.3% | 0.2% |
Sep 27, 2024 | 0.1% | 0.2% | 0.2% |
Aug 30, 2024 | 0.2% | 0.2% | 0.2% |
Jul 26, 2024 | 0.2% | 0.2% | 0.1% |
Jun 28, 2024 | 0.1% | 0.1% | 0.3% |
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- US Core PCE Price Index m/m News
- From wolfstreet.com|Feb 1, 2025
The sharply falling prices since mid-2022 of energy such as gasoline, and durable goods, such as motor vehicles, had contributed a lot to the cooling of inflation measures. But prices cannot fall forever – they can rise forever, but they cannot fall forever, and they stopped falling. And on top of it, services inflation has gotten stuck in mid-2024 at too high levels. As a result, overall inflation indices, including the PCE price index released by the Bureau of Economic Analysis today, have started accelerating again on a ...
- From think.ing.com|Jan 31, 2025|2 comments
Today’s US data suggests that inflation remains on the path towards 2%, but with huge uncertainty over regulatory, tariff, fiscal and immigration policy the central bank can’t leave anything to chance and will be keeping monetary policy unchanged until June, we believe. The Federal Reserve's favoured inflation measure – the core personal consumer expenditure price deflator – rose 0.2%MoM/2.8%YoY in December as consensus predicted, but the good news is that to 3 decimal places it is 0.159% so below the 0.17% month-on-month we need to ...
- From bea.gov|Jan 31, 2025|1 comment
Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $129.5 billion in December. Personal saving was $843.2 billion in ...
- From scotiabank.com|Jan 25, 2025
Welcome to tariff week. Or maybe it’s global central bank week. Or growth and inflation week. Or how about earnings week. If you think January has been exhausting—and I have some sympathy for that—then it’s not going to release its grip on you just yet as the final week of the month is jam-packed with expected developments. Developments that may fan enormous market volatility. Eight central banks will weigh in with their first decisions of the new year this week including the Federal Reserve, the ECB, the Bank of Canada, and several ...
- From youtube.com/cmegroup|Dec 20, 2024
Gold futures bounce as Treasury yields and the USD fall on weaker than expected PCE data. Bob Iaccino explains.
- From bea.gov|Dec 20, 2024|1 comment
Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $61.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $81.3 billion (0.4 percent). The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 percent (table 5). Real DPI increased 0.2 percent in ...
- From brecorder.com|Nov 28, 2024
Gold prices slipped on Thursday as the US dollar strengthened, while investors assessed a flurry of economic data showing stalled inflation progress, suggesting the Federal Reserve might tread cautiously on further interest rate cuts. Spot gold fell 0.3% to $2,627.60 per ounce, as of 0302 GMT. US gold futures shed 0.5% to $2,627.00.The dollar index was up 0.1%, reducing gold’s appeal for holders of other currencies. Gold prices bounce back The market is focusing on the Fed’s rate cuts, with the latest Core Personal Consumption ...
- From cnn.com|Nov 27, 2024|1 comment
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher. The Personal Consumption Expenditures price index rose 2.3% in October from the year before, accelerating from the 2.1% pace notched in September, according to Commerce Department data released Wednesday. On a monthly basis, prices rose 0.2%, matching the gain seen in September. Inflation within the services sector drove much of the monthly ...
Released on Jan 31, 2025 |
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Released on Dec 20, 2024 |
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Released on Nov 27, 2024 |
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