The Bureau of Economic Analysis reports that from the preceding month, the PCE price index for March increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.3 percent. From the same month one year ago, the PCE price index for March increased 2.7 percent. Excluding food and energy, the PCE price index … Continue reading March Inflation Data
Tag: Price level
January CPI Inflation Rate Slows
Ahead of January’s CPI release, the Bureau of Labor Statistics published new weights for certain categories, a process it undergoes every two years. Moving forward, it will update the weights every year. With the new changes, housing accounts for 44.4% of the index, up from 42.4%, and the food weight fell to 13.5% from 13.9%.—usatoday.com