Keeping you up to date on the latest data releases.
- Personal Consumption Expenditure
The Personal Consumption Expenditure (PCE) price index rose at an annualized rate of 4.1 percent in April, following a 4.7 percent increase in March as food and energy prices continue to rise sharply. Over the past year, PCE prices are up 2.2. percent. Excluding volatile food and energy prices (core PCE), the index rose 2.2 percent in April, after a downwardly revised 1.4 percent increase in March. The near-term (3-month) annualized growth rate in the core PCE stands at 1.9 percent as of April, 0.9 percentage point above its 12-month growth rate of 1.0 percent.