Personal Consumption Expenditure: Difference between revisions

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!Core PCE Price Index M/M<ref>https://www.investing.com/economic-calendar/core-pce-price-index-61</ref>
!Core PCE Price Index M/M<ref>https://www.investing.com/economic-calendar/core-pce-price-index-61</ref>
!Full Release
!Full Release
|-
|Jan-26
|2.6%
|0.2%
|2.90%
|0.2%
|
|-
|-
|Dec-22
|Dec-22
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* Headline PCE fell 0.1% in November versus expectations to be flat.
* Headline PCE fell 0.1% in November versus expectations to be flat.
* Year-over-year, Headline PCE was up 2.6%, lower than 2.8% estimate and 2.9% in October (revised down from 3.0%).
* Year-over-year, Headline PCE was up 2.6%, lower than 2.8% estimate and 2.9% in October (revised down from 3.0%).
=== December 2023 ===
* Core PCE rose 0.2% in December<ref>https://www.bea.gov/sites/default/files/2024-01/pi1223.pdf</ref>, in line with the estimate<ref>https://www.cnbc.com/2024/01/26/pce-inflation-december-2023-.html</ref>.
* On a yearly basis, core PCE rose 2.9%, below expectations for a 3% increase.
* Personal income fell to 0.3%, in line with the forecast while spending rose 0.7%, exceeding the 0.5% estimate.
* Headline PCE rose 0.2% on the month and 2.6% on a yearly basis, both in line with the forecasts.


== Personal Spending Developments ==
== Personal Spending Developments ==