Core Personal Consumption Expenditure - Price Index (YoY)
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Mar 27, 12:30 |
|
Core Personal Consumption Expenditure - Price Index (YoY) |
|
1.6% | 1.7% | 1.8% |
Core Personal Consumption Expenditure - Price Index (YoY)
The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average amount of money that consumers spend in a month. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation of the expenditure. It is a significant indicator of inflation. A high reading is bullish for the USD, while a low reading is bearish.
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