PCE Archives

How Financial Services, a Market Plunge in April, and a Historic Cliff-Dive by Recreation Services Messed with PCE Inflation Today. But a Snap-Back Cometh

May 30, 2025 Stu Turley

Outside of two heroes that pushed down the overall indices, there isn’t anything benign about this PCE inflation data. By Wolf Richter for WOLF STREET. The PCE price index, released today by the Bureau of Economic Analysis, was […]

Inflation Is in the Revisions? What Stands Out Once Again in the PCE Price Index? Sharp Up-Revisions of Prior Month’s Inflation

April 30, 2025 Clark Savage

Up-revisions pushed the 12-month core PCE price index for February to +3.0%, and the 6-month index to +3.4%, worst since July 2023. But March was benign? By Wolf Richter for WOLF STREET. The inflation measure released today for […]

PCE Inflation Hits 4.0% Month-to-Month Annualized, Worst since March. 3-Month PCE Hits 2.9%, Worst since April. But Massive “Base Effect” in Services Cools YoY Increases

February 28, 2025 Clark Savage

December, prior months revised higher. Goods prices jump month-to-month by most since August 2023, turn positive for first time in a year. By Wolf Richter for WOLF STREET. The inflation measure released today – the PCE price index […]

On the Surface, PCE Inflation Is Encouraging, But Beneath it, Core Services Accelerated, Housing Stuck at 5.7% for Six Months

January 26, 2024 Stu Turley

And a look back at the head-fakes core services inflation dished up last time with this type of inflation. By Wolf Richter for WOLF STREET. So right up front – and the Fed has been talking about this, […]