Personal Consumption Expenditure (PCE) Price Index

Macroeconomics and Politics
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I=6
PCE inflation up 2.4% in November, less than expected

  • Fed’s key inflation gauge, the personal consumption expenditures price index rose 0.1% in November, less than 0.2% forecast and an increase of 0.3% in October.
  • On a yearly basis, PCE rose 2.4%, less than 2.5% forecast but above 2.3% recorded in October.
  • Core PCE increased 0.1% in November, below 0.2% forecast and 0.3% gain in the previous month.
  • On a yearly basis, core PCE was unchanged at 2.8%, less than 2.9% forecast.
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