◀ The Principal Blog

Posts tagged ‘PCE’

Inflation: So When Exactly is Transitory?

Inflation has been running at very low levels all year long as lower energy prices keep working their way through the economy. Headline personal consumption expenditure (PCE) inflation, a measure of the total inflation within an economy, including commodities such as food and energy prices, which…

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Battle of the Dueling Price Indexes

In this blog post, I would like to discuss the widening gap between core Consumer Price Index (CPI) and Personal Consumer Expenditure (PCE) inflation. In April, the core (ex-food and energy) CPI increased at the fastest monthly pace since August 2011, 0.3%. Year over year, core CPI inflation…

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