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United States. Core PCE Price Index (MoM). The value of the indicator has increased from 0.3% to 0.4%
A report on this calendar event is released monthly by the Bureau of Economic Analysis.
Core PCE Price Index reflects the cost of a set of consumer durables by calculating changes in prices for goods and services weighted according to the general expenses per unit of goods.
The index does not include food and energy.
The indicator is important in determining inflation.
Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
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