Seasonally Adjusted
PBF4QSARI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
261.00
Year-over-Year Change
12.50%
Date Range
7/1/2004 - 10/1/2019
Summary
The Seasonally Adjusted Personal Consumption Expenditures (PCE) Price Index measures the change in prices paid by consumers for a basket of goods and services, with seasonal variations removed.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Seasonally Adjusted PCE Price Index is a key inflation indicator used by the Federal Reserve and policymakers to monitor price stability and make monetary policy decisions. It provides a more accurate picture of underlying price trends by accounting for regular seasonal fluctuations.
Methodology
The index is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted formula to track changes in consumer spending.
Historical Context
Analysts and investors closely monitor the PCE Price Index to assess the overall health of the economy and the effectiveness of the Federal Reserve's policies.
Key Facts
- The PCE Price Index is the Federal Reserve's preferred inflation measure.
- Seasonal adjustments help identify underlying price trends.
- The index covers a broad range of consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted PCE Price Index measures changes in the prices paid by consumers for a basket of goods and services, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The PCE Price Index is a key inflation indicator used by the Federal Reserve and policymakers to monitor price stability and make monetary policy decisions.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted formula to track changes in consumer spending.
Q: How is this trend used in economic policy?
A: Analysts and investors closely monitor the PCE Price Index to assess the overall health of the economy and the effectiveness of the Federal Reserve's policies.
Q: Are there update delays or limitations?
A: The PCE Price Index data is released monthly with a relatively short delay, providing timely information to policymakers and market participants.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Personal Consumption Expenditures (PCE) Price Index (PBF4QSARI), retrieved from FRED.