🇺🇸📈 The U.S. core personal consumption expenditures (PCE) price index increased by 0.3% in September compared to the previous month, in line with market expectations. On a year-on-year basis, it rose by 3.7%, also meeting expectations. The core PCE index, excluding energy and food, is considered the Federal Reserve's key price indicator. #EconomicData #USInflation 📊🏦📈

📊🇺🇸 The US Bureau of Economic Analysis (BEA) has released data on the core Personal Consumption Expenditures (PCE) price index, a crucial inflation metric. In July, it showed a 0.2% increase from the prior month, aligning with market forecasts. Year-on-year, the index surged by 4.2%, consistent with expectations. This indicator, which excludes volatile energy and food components, holds significance for the Federal Reserve as a reliable gauge of price trends. #EconomicIndicators #Inflation #USPCE #EconomicData