Pce February 2024. Hannah beier/bloomberg via getty images. Higher prices at the gas pump and a bump in service sector inflation all added.
Fed’s favored inflation measure remains elevated. Inflation as measured by the personal consumption expenditures index likely.
Hannah Beier/Bloomberg Via Getty Images.
The core pce index held steady in march on both a monthly and annual basis, 0.3% and 2.8%, respectively.
Core Inflation In The United States.
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.
At The National Level, Bea Publishes.
Images References :
The Federal Reserve’s Preferred Inflation Gauge, The Personal Consumption Expenditures Price Index, Was Up 2.5% For The 12 Months That Ended In February, A.
Five fundamentals for the week:
Services Inflation Is Keeping Core Inflation Elevated In Both Economic Areas.
Fed favorite pce stands out as turbulent month ends.
The Pce Price Index (Pcepi), A Measure Of Consumer Prices Which Is Closely Followed By The Us Fed, Indicated Inflation Of +0.32% During March 2024, Decelerating.