Thursday, June 26, 2025

Inflation: Ahead of Tomorrow's BEA Personal Consumption Expenditures Price Index....

...a look at the Cleveland Fed's Inflation Nowcast for May PCE:

Inflation, month-over-month percent change 

Month          CPI    Core CPI      PCE    Core PCE    Updated
June 2025    0.25     0.23         0.22       0.21          06/25
May 2025                                0.09       0.14          06/25 

Note: If the cell is blank, it implies that the actual data corresponding to the month for that inflation measure have already been released. 

 ....MUCH MORE, including Year-over-year and quarterly rates

For comparison, from the Bureau of Economic Analysis

Change From Month One Year Ago
April 2025+2.1%
March 2025+2.3%
February 2025+2.6%
January 2025+2.5%

The PCE price index, released each month in the Personal Income and Outlays report, reflects changes in the prices of goods and services purchased by consumers in the United States. Quarterly and annual data are included in the GDP release.