#PCEInflationWatch

The current scenario of PCE (Personal Consumption Expenditures) inflation is indicating a moderate rise in prices. As of November 2024, the PCE price index has increased by 2.4% from the previous year, while the core PCE price index, which excludes food and energy prices, has risen by 2.8% ¹ ².

Breaking down the numbers further, we can see that the median PCE inflation rate, which is a better indicator of the underlying inflation trend, has been relatively stable, ranging from 2.8% to 3.3% over the past few months ³.

In terms of the overall inflation scenario, Japan's inflation rate has climbed to 2.9% in November 2024, driven by increases in food, electricity, and gas prices ⁴. However, it's essential to note that the inflation scenario can vary across different regions and economies.

To get a better sense of the inflation trend, let's look at some key statistics:

- *PCE Price Index*: 2.4% increase from the previous year (