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 2.1 percent in May, as energy prices decreased for the first time since June 2010. Over the past year, PCE prices are up 2.5. percent. Underlying inflation as measured by the core PCE accelerated in May, rising 3.1 percent—its largest monthly increase since October 2009—helping to push up its near-term (3-month) annualized growth rate from 2.0 percent in April to 2.4 percent in May. Still, core PCE prices are up just 1.2 percent over the past year.