PCE inflation November 2024: - CNBC
Dec 20, 2024 · The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
News Release - Bureau of Economic Analysis
Dec 20, 2024 · The increase in current-dollar personal income in November primarily reflected an increase in compensation that was partly offset by decreases in personal income receipts on assets and personal current transfer receipts (table 2).. The $81.3 billion increase in current-dollar PCE in November reflected an increase of $48.3 billion in spending for goods and an increase of $33.0 billion in ...
The Fed’s Preferred Inflation Measure Sped Up in November
Dec 20, 2024 · The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Personal Consumption Expenditures Price Index
Dec 20, 2024 · 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.
PCE inflation October 2024 - CNBC
Nov 27, 2024 · The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
News Release - Bureau of Economic Analysis
Nov 27, 2024 · The increase in current-dollar personal income in October primarily reflected increases in compensation, personal income receipts on assets, and personal current transfer receipts (table 2).. The $72.3 billion increase in current-dollar PCE PCE in October reflected an increase of $74.7 billion in spending for services and a decrease of $2.3 billion in spending for goods (table 2).
PCE index, the Fed's preferred inflation measure, drops to 2 ... - CBS News
Oct 31, 2024 · The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a 2%...
September US PCE inflation ticks up, as expected | Reuters
Oct 31, 2024 · The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised 0.1% gain in August....
PCE, a Key Inflation Measure, Sped Up in October - The New York …
Nov 27, 2024 · The Federal Reserve’s preferred inflation measure sped up in October, a development that is likely to keep central bankers wary as they contemplate the path ahead for interest rates.
PCE report May 2024: Key Fed measure shows inflation rose 2.6
Jun 28, 2024 · PCE is a broader inflation measure and accounts for changes in consumer behavior, such as substituting their purchases when prices rise. While the central bank …