Skip to content
The Dallas Fed truncated the annualized one-month average PCE in October to 4.2% from 4.9%


Dallas Fed cut average

Today’s PCE data has been reworked by the Dallas Fed to provide a clearer underlying picture. On monthly changes alone and excluding several parts, the annualized inflation rate was 4.2%, a slowdown from 4.9% in September.

It’s a different picture in the six-month view, with the annualized rate dropping from 3.3% to 3.3%. The 12-month look also fell from 2.3% to 2.6%. Note, however, that once the items are removed, it is not that high.

While browsing the items, some were cut like televisions (price down 23.8% m / m annualized), linens (-26.3%), jewelry (-21.6%) and large household appliances (-10.4%).

On the other hand, fuel oil (+ 303.3%), used cars (+ 128.6%), gasoline (+ 102.8%) and electricity (+ 23.8%).

Owner-occupied homes, whose prices rose 5.2% on an annualized basis, were included.

Invest in yourself. See our forex education center.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.