Keeping you up to date on the latest data releases.
- PCE Price Indexes
The Personal Consumption Expenditures (PCE) price index increased at an annualized rate of 1.2 percent in January, following a 2.0 percent increase in December. Over the past twelve months, the PCE price index increased 1.2 percent. The core PCE price index, which excludes the volatile food and energy components, increased 1.1 percent in January, following increases of 1.4 percent in November and 1.0 percent in December. On a year-over-year basis, the core PCE price index has increased 1.1 percent, as the 12-month changes in this index have mostly remained in a relatively narrow window between 1.1 and 1.2 percent since April of 2013. The market-based core PCE price index, which also excludes most imputed prices, increased 0.7 percent in January, following increases of 1.2 percent in November and 0.6 percent in December. Since January of 2013, this index has increased 1.0 percent.