US PCE inflation rises to 4.3%

inflation

Personal consumption expenditure (PCE) inflation rose in August 2021, marking the second consecutive increase in the Federal Open Market Committee’s preferred inflation measure.

The Bureau of Economic Analysis recorded PCE inflation at 4.3% for August, up from 4.2% in July and 4% in June.

Though the headline figure is well above the FOMC’s 2% target, other data suggests that certain volatile items are producing much of the inflationary pressure. PCE inflation minus food and energy prices was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: