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The most recent personal consumption expenditures index was delayed because of the government shutdown The commerce department's delayed september pce inflation report showed that inflation remained well above the federal reserve's 2% target ahead of a central bank decision next week. By talmon joseph smith consumer prices increased moderately in september
Core inflation cools slightly in september according to the bureau of economic analysis, core prices rose 2.8 percent in september compared with the same month last year, down from 2.9 percent in august September pce inflation report highlights the pce price index rose 0.27% in september, above the factset consensus forecast for a 0.21% increase and following an increase of 0.26% in august. While the dip is modest, it fell slightly short of market expectations.
The delayed core personal consumption expenditures price index for september was expected to show a 2.9% annual increase.
The core pce price index, which excludes volatile food and energy, rose 2.8 per cent in september, slightly below economists’ forecasts of a 2.9 per cent rise.
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