Keeping you up to date on the latest data releases.
- PCE Price Index
The Personal Consumption Expenditures (PCE) price index increased at an annualized rate of 2.5 percent in March, following an increase of 3.9 percent in February. The 3-month annualized growth rate increased from 2.5 percent to 3.1 percent, and the index was up 2.1 percent since March of last year. The “core” PCE price index—which excludes food and energy prices—was up 1.9 percent in March after increases of 2.8 percent in January and 1.7 percent in February. On a year-over-year basis, “core” PCE was up 2.1 percent compared with year-over-year changes of 1.9 percent in each of the prior three months. The market based “core” PCE price index—which excludes most imputed prices—increased at an annualized rate of 1.9 percent, following an increase of 1.6 percent in February, and has increased 2.0 percent since last year.