Core Personal Consumption Expenditures - Price Index (YoY)
Actual
4.7%
Previous
4.8%
Forecast
4.6%
The Core Personal Consumption Expenditures 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.