Keeping you up to date on the latest data releases.
- PCE Prices
The Personal Consumption Expenditure (PCE) price index rose at an annualized rate of 2.0 percent in October, compared to an increase of 1.2 percent in September. Excluding food and energy prices (core PCE), the index was roughly flat (up 0.1 percent on an annualized basis). On a year-over-year basis, the core PCE price index is up just 0.9 percent. Interestingly, after excluding non-market-based items—such as financial services furnished without payment—the core PCE fell 1.3 percent during the month and is up just 0.7 percent over the past year.