New data Core PCE Prices QoQ (Q3)
12/19/2024
actual 2.2, previous 2.8
The event is the Core PCE Prices Quarter-over-Quarter (Q3) for the United States, with an actual value of 2.2%. This indicator measures the change in the price of goods and services, excluding food and energy, and is a key measure of inflation.The actual value of 2.2% is higher than the previous value of 2.8%, but lower than the estimated value of 2.1%. This indicates that prices increased at a slower pace than expected during the third quarter.
The impact of this event is considered low, as it is not a significant deviation from the estimated value. However, it provides important information about inflation trends in the US economy.
This is not investment advice. Remember to verify the information provided here.
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