Personal Consumption Expenditures (PCE) Price Index
The Personal Consumption Expenditures (PCE) Price Index is a price index published by the U.S. Bureau of Economic Analysis that tracks changes in prices for goods and services purchased by households, using chain-weighted expenditure shares.
Example: In a BEA release, the headline PCE price index shows a year-over-year change, while the core PCE price index shows a separate rate, illustrating overall inflation versus underlying inflation.
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