| Source | |
| Measures | Change in the price of goods and services purchased by consumers, excluding food and energy; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released monthly, about 30 days after the month ends; |
| Next Release | |
| FF Notes | Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention; |
Why Traders
Care | It's the Federal Reserve's primary inflation measure. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; |
| Acro Expand | Personal Consumption Expenditures (PCE), Consumer Price Index (CPI); |
