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The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
Meanwhile, the "core" Producer Price Index (PPI) revealed prices increased by 3.1% in October, up from 2.8% the month prior and above economist expectations for a 3% increase.
The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs, rose 2.8% over the prior year during the month of December — stuck at the same year-over-year ...
The Personal Consumption Expenditures price index rose 2.6% in December from the year before, heating up from November’s 2.4% increase, according to new Commerce Department data released Friday.
PCE tracks the prices of goods and services purchased by consumers. PCE inflation increased year over year by 2.4% in November. The PCE data for December will be released on Jan. 31.
The Personal Consumption Expenditures (PCE) Price Index rose 0.3% last month, the largest increase since last April, after an unrevised 0.1% gain in November, the Commerce Department's Bureau of ...
Over the prior year, core prices rose 2.8%, in line with Wall Street's expectations and unchanged from November. On a yearly basis, overall PCE increased 2.6%, a pickup from the 2.4% seen in November.
The Commerce Department also reported on Friday that in the year through November, the PCE price index advanced 2.4% after rising 2.3% in October. Excluding the volatile food and energy components ...