The Core Personal Consumption Expenditures (PCE) Price Index is a key indicator in the United States used to measure changes in consumer price levels. The term “core” signifies that the index excludes volatile components such as food and energy, providing a clearer picture of long-term inflation trends.
The Month-over-Month (MoM) rate represents the percentage change in the Core PCE Index compared to the previous month, offering insights into short-term fluctuations in consumer price levels.
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US - Core Personal Consumption Expenditures [PCE] Price Index (MoM)
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