PCE inflation August 2024: Prices rise 2.2%, less than expected
WEB2 days ago · The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.
A dual win for consumers: Inflation cooled last month, paving way …
WEB2 days ago · The Fed’s favorite inflation gauge, the Personal Consumption Expenditures price index, showed consumers paid 2.2% more for goods and services for the year ended in August, versus 2.5% in July.
Fed's preferred inflation gauge shows prices increased less than …
WEB2 days ago · The core Personal Consumption Expenditures (PCE) index, which strips out the cost of food and energy and is closely watched by the Federal Reserve, rose 0.1% from the prior month during August ...
Personal Consumption Expenditures Price Index
WEB3 days ago · Personal Consumption Expenditures Price Index. The PCE price index, released each month in the Personal Income and Outlays report, reflects changes in the prices of goods and services purchased by consumers in the United States. Quarterly and annual data are included in the GDP release.
The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut ...
WEBAug 30, 2024 · The release of the Federal Reserve’s favorite inflation number, the Personal Consumption Expenditures index, showed that yearly inflation was 2.5 percent. That was in line with both the...
Personal Consumption Expenditures Price Index, Excluding …
WEB3 days ago · A measure of prices that people living in the United States, or those buying on their behalf, pay for goods and services. It's sometimes called the core PCE price index, because two categories that can have price swings – food and energy – are left out to make underlying inflation easier to see.
Personal Consumption Expenditures: Chain-type Price Index …
WEB2 days ago · Graph and download economic data for Personal Consumption Expenditures: Chain-type Price Index (PCEPI) from Jan 1959 to Jul 2024 about chained, headline figure, PCE, consumption expenditures, consumption, …
Inflation is inching closer toward the Fed’s 2% target
WEBJul 26, 2024 · The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — slowed to 2.5% for the 12 months ended in June from...
Personal Consumption Expenditures Excluding Food and …
WEBAug 30, 2024 · The PCE price index less food excluding food and energy is used primarily for macroeconomic analysis and forecasting future values of the PCE price index. The PCE Price Index is similar to the Bureau of Labor Statistics' …
Overall P.C.E. Inflation Ticked Up in July - The New York Times
WEBAug 31, 2023 · The Personal Consumption Expenditures price index — the Fed’s preferred measure of inflation — climbed 3.3 percent in July from the previous year, up from 3 percent in the last report.