YoY Change in Core PCE Deflator in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-over-year comparison of the Personal Consumption Expenditures (PCE) Core Deflator, excluding food and energy, measures how much more U.S. consumers have spent in a specific month compared to the same month the previous year. This data is released monthly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) and is crucial for assessing consumer spending trends.
The year-over-year data helps to understand how consumer spending is fluctuating over the long term. An increase in the PCE Core Deflator indicates rising inflationary pressures, which may lead to a decrease in consumer purchasing power. Conversely, a decrease in the PCE Core Deflator suggests a risk of deflation, potentially leading to an increase in consumer purchasing power.
This data is vital for policymakers to assess inflation trends and formulate appropriate monetary policies. It also serves as an important source of information for businesses and investors to gauge inflation trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
