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A report on this calendar event is released monthly by the Bureau of Economic Analysis.
Core PCE Price Index reflects the price of a set of consumer durables by calculating changes in prices for goods and services weighted according to the total expenses per unit of goods.
The index does not include food and energy.
The indicator is important when determining inflation.
Comments by the MarketCheese analysts: no change of the indicator value may reduce the volatility of the related markets.