TSX:AX.P.E - Post by User
Post by
Torontojayon Feb 28, 2024 10:13am
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Post# 35903664
Pce inflation
Pce inflation I'm predicting a 0.3% m/m increase in Pce inflation which would give you a headline number of 2.33%
Im confident to say Pce inflation is coming down.
The following information is provided by DallasFed. It is best to look at trimmed Pce data which strips out the volatile components of the index. That is also coming down whether you look at one month, 6 months or 12 months.
The tables below present data on the Trimmed Mean PCE inflation rate and, for comparison, overall PCE inflation and the inflation rate for PCE excluding food and energy. The tables give annualized one-month, six-month and 12-month inflation rates.
One-month PCE inflation, annual rate
| | Jul-23 | Aug-23 | Sept-23 | Oct-23 | Nov-23 | Dec-23 |
| PCE | 1.5 | 4.4 | 4.7 | 0.3 | -0.8 | 2.0 |
| PCE ex F&E | 1.4 | 1.2 | 4.0 | 1.7 | 0.8 | 2.1 |
| Trimmed mean | 2.6 | 2.5 | 3.7 | 2.7 | 1.6 | 2.6 |
Six-month PCE inflation, annual rate
| | Jul-23 | Aug-23 | Sept-23 | Oct-23 | Nov-23 | Dec-23 |
| PCE | 2.3 | 2.4 | 2.9 | 2.4 | 2.0 | 2.0 |
| PCE ex F&E | 3.2 | 2.7 | 2.7 | 2.3 | 1.9 | 1.9 |
| Trimmed mean | 3.4 | 3.1 | 3.1 | 2.9 | 2.6 | 2.6 |
12-month PCE inflation
| | Jul-23 | Aug-23 | Sept-23 | Oct-23 | Nov-23 | Dec-23 |
| PCE | 3.3 | 3.3 | 3.4 | 2.9 | 2.6 | 2.6 |
| PCE ex F&E | 4.2 | 3.7 | 3.6 | 3.4 | 3.2 | 2.9 |
| Trimmed mean | 4.2 | 3.9 | 3.8 | 3.6 | 3.4 | 3.3 |