USD Core PCE Price Index June 27, 2011 ; 7:30 PM(GMT +7)

FF Notes : Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. This is rumored to be the Federal Reserve’s favorite inflation measure, but CPI is released about 15 days earlier and tends to garner most of the attention.

Measures : Change in the price of goods and services purchased by consumers, excluding food and energy.

US Core PCE Price Index June 27, 2011

US Core PCE Price Index June 27, 2011

Acro Expand : Personal Consumption Expenditures (PCE), Consumer Price Index (CPI).

Frequency : Released monthly, about 30 days after the month ends.

Next Release : Aug 2, 2011

Source : Bureau of Economic Analysis (latest release).

 

Information by Forex Factory