USPCEPIMC 0.3%(January/2025)
source: U.S. Bureau of Economic Analysis
- The US Personal Consumption Expenditures (PCE) price index increased by 0.3% month-over-month in January 2025, the same pace as in December, and in line with expectations.
Prices for goods increased 0.5%, following a 0.1% rise in December and prices for services rose at a slower 0.2%, after a 0.4% gain in the previous month.
Meanwhile, the core PCE index, which excludes volatile food and energy prices, rose 0.3%, slightly above the 0.2% gain recorded in the previous month, and also matching forecasts.
Food prices went up 0.3%, higher than 0.2% in December while cost of energy eased (1.3% vs 2.4%). On a year-over-year basis, headline PCE inflation eased to 2.5% from 2.6%, marking its first slowdown in four months. Similarly, core PCE inflation declined to 2.6%, its lowest level in seven months, from an upwardly revised 2.9%.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.