Market Updates
PCE Price Index Held Steady but Elevated
Brian Turner
28 Oct, 2022
New York City
Personal Consumption Expenditure price index, a measure of inflation, rose 0.3% in September from the previous month.
The PCE index jumped 6.2% from a year ago and matched the rise in the previous month, according to the data released by the Bureau of Economic Analysis.
The PCE index, excluding food and energy, rose 0.5% on a monthly basis and jumped 5.1% from a year ago.
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