Keeping you up to date on the latest data releases.
- The PCE Price Index
The PCE price index was virtually flat in April, inching up an annualized 0.2 percent after increasing 1.3 percent in March. On a year-over-year basis, PCE prices are up 2.0 percent. Excluding food and energy prices, the “core” PCE rose 1.0 percent after advancing 1.2 percent in March. The 12-month growth rate in core prices slipped down 0.1 percentage point in April to 1.2 percent, one of the lowest points of the series, which began in the 1960s.