Prior month YoY Core PCE 3.2%, headline 3.5% Core PCE YoY x.x% vs 3.3 est.
Core PCE MoM x.x% vs 0.3% est Headline PCE YoY x.x% vs 3.8% est Headline PCE MoM x.x% vs 0.5% est
PCE Ex Food, energy and housing for April x.x% vs 0.3% last month PCE services. Ex Energy and housing for April x.x% vs 0.3% last month The Personal income and Personal consumption data for April Personal Income MoM for April x.x% vs 0.4% estimate. Prior 0.6% Personal consumption for April x.x% vs 0.2% last month.
What is the PCE and why is it so important? The U.S. PCE (Personal Consumption Expenditures) Price Index is one of the Federal Reserve’s preferred measures of inflation because it tracks how much consumers are paying for goods and services across the economy and adjusts for changes in consumer behavior.