#PCEInflationWatch

On February 1, 2025, the U.S. Bureau of Economic Analysis released the latest Personal Consumption Expenditures (PCE) Price Index data, revealing a 0.3% increase in December 2024. This brings the annual PCE inflation rate to 2.6%, up from 2.3% in November. The core PCE index, which excludes volatile food and energy prices, rose by 0.2% in December, maintaining a 2.8% annual rate. These figures suggest that inflationary pressures persist, albeit at a moderate pace. Analysts are closely monitoring these trends, especially in light of potential economic impacts from new tariffs.