#PCEInflationWatch

The Personal Consumption Expenditures (PCE) Price Index is a crucial measure of inflation, tracking the prices of goods and services purchased by consumers in the United States. As of November 2024, the PCE Price Index showed a 2.4% increase from the previous year, while the core PCE Price Index, which excludes food and energy, rose by 2.8%

To break it down further, here are some key statistics:

PCE Price Index: 2.4% increase from November 2023 to November 2024 Core PCE Price Index: 2.8% increase from November 2023 to November 2024 Month-over-month changes: The PCE Price Index increased by 0.21% in January 2025, while the core PCE Price Index rose by 0.23%

The Federal Reserve closely watches the PCE Price Index, particularly the core index, to gauge underlying inflation trends and inform monetary policy decisions .