Core Personal Consumption Expenditures Price Index
The Core Personal Consumption Expenditures Price Index, commonly called the core PCE price index, is the Personal Consumption Expenditures price index excluding food and energy; it is used to gauge consumer inflation by filtering out volatile food and energy prices.
Example: A monthly release shows the core PCE price index increased modestly, indicating inflation in household spending excluding food and energy components remained subdued for that period.
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