translate
English
language englishEnglish
language persianپارسی
Logo economician
English
language englishEnglish
language persianپارسی
IFC Markets Live Quotes
Analysis
US PCE Inflation Sees Modest Uptick in October 2024
| Share
| Share
| Share
| Share
| Share
| Share

US PCE Inflation Sees Modest Uptick in October 2024

The Personal Consumption Expenditures (PCE) price index rose to an annual rate of 2.3% in October, up from 2.1% in September, aligning with market expec...
author: Ahura Chalaki

12

published:Nov 27, 2024 15:52

Reading Time:

1 minutes
category:fundamental

Core PCE, which excludes food and energy, recorded a slight increase to 2.8% annually, compared to 2.7% in September, while the month-on-month rise remained steady at 0.3%, meeting forecasts. These figures indicate a gradual rise in inflation, keeping markets and policymakers attentive.