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 4.9 percent in June, following a 3.0 percent decrease in April and a 1.2 percent increase in May. On a year-over-year basis, the PCE price index has increased 1.3 percent. The price of energy goods and services played a role in pushing up the headline index during June, as energy prices jumped 50.7 percent during the month. The core PCE price index, which excludes food and energy prices, increased 2.6 percent in June, following a decrease of 0.2 percent in April and an increase of 1.4 percent in May. Since June of last year, core PCE prices have increased 1.2 percent. The market-based core PCE price index, which also excludes most imputed prices, increased 2.6 percent in June, following an increase of 1.4 percent in May, and is up 1.1 percent over the past twelve months.