$USCPCEPIMM -U.S PCE (October/2024)
USCPCEPIMM October/2024
source: U.S. Bureau of Economic Analysis
-The US core PCE price index, the Federal Reserve’s preferred gauge to measure underlying inflation, rose by 0.3% from the previous month in October 2024, the same pace as in September and matching market forecasts.
Service prices rose by 0.4%, while goods prices decreased 0.1%. Year-on-year, core PCE prices rose by 2.8% in October, the most in six months, also in line with market estimates.
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