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
|-
|Oct-27
|3.4%
|0.40%
|3.70%
|0.30%
|Link
|-
|-
|Sep-29
|Sep-29
|3.5%
|3.4%
|0.40%
|0.40%
|3.90%
|3.80%
|0.10%
|0.10%
|[https://www.bea.gov/sites/default/files/2023-09/pi0823.pdf Link]
|[https://www.bea.gov/sites/default/files/2023-09/pi0823.pdf Link]
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* Inflation in August was largely driven by energy which rose 6.1% in August.
* Inflation in August was largely driven by energy which rose 6.1% in August.
* Super core inflation rose 0.1% for the month after rising 0.5% in July.
* Super core inflation rose 0.1% for the month after rising 0.5% in July.
=== September 2023 ===
* Core PCE rose 0.3% in September<ref>https://www.bea.gov/sites/default/files/2023-10/pi0923.pdf</ref>, in-line with estimates<ref>https://www.cnbc.com/2023/10/27/key-fed-inflation-gauge-rose-0point3percent-as-expected-in-september-spending-tops-estimate.html</ref> and above 0.1% increase in August.
* Personal spending rose 0.7%, above 0.5% etimate.
* Personal income increased 0.3%, below 0.4% estimate.
* Headline PCE rose 0.4% for the month, unchanged from August.
* Year-over-year, core PCE rose 3.7%, in-line with estimate and below 3.8% in August (revised down from  3.9%).
* Year-over-year, headline PCE rose 3.4%, unchanged from August (revised down from 3.5%).


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