Keeping you up to date on the latest data releases.
- Personal Consumption Expenditures
The Personal Consumption Expenditure (PCE) price index rose at an annualized rate of 2.9 percent in July, as energy prices jumped up 35.9 percent. Excluding food and energy prices (core PCE), the index increased 1.3 percent, compared to a 0.5 percent rise in June. Its 3-month annualized growth rate currently stands at 1.0 percent, 0.4 percentage point below its longer-term (12-month) growth rate.