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pce index hits six-month high, rising 0.24% in october
The Fed’s preferred inflation measure grows by 2.3% annually, reflecting concerns over inflation.
The PCE index rose by 0.24% over the past month, with the current value at 124.226, aligning with expectations as the Fed’s inflation gauge reached a 2.3% annual increase as anticipated. This metric also hit a six-month high in October , highlighting growing inflation concerns.
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| 317.508 | - 0% D | + 0.4% W | + 0.4% M | – Y | |
| 124.898 | - 0% D | + 0.3% W | + 0.4% M | – Y | |
| 124.142 | 0% D | + 0.3% W | + 0.3% M | – Y | |
| 323.405 | 0% D | + 0.3% W | + 0.3% M | – Y | |
| 123.561 | – D | – W | + 0.3% M | + 2.9% Y |
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