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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 ...
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 ...
Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.3% from the year prior, up from the 3% ...
The most recent reading of the Consumer Price Index (CPI) showed core prices climbed 0.2% from the prior month, lower than economists' estimates. The recent prints have consumers feeling better ...
Update Feb 25: 16:55, 27 January 2023 ... Consumer price index; Personal consumption expenditures price index; Global file usage.
The consumer price index for urban wage earners and clerical workers (CPI-W) is a continuation of the historical index that was introduced after World War I for use in wage negotiation. [23] As new uses were developed for the CPI, the need for a broader and more representative index became apparent.
The latest reading of the Fed's preferred inflation gauge showed prices increased slightly more than expected in June. The core Personal Consumption Expenditures (PCE) index, which strips out the ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...