Last edited Sat Apr 13, 2024, 01:11 PM - Edit history (1)
I annualize them all to be easy to compare to each other, and to compare to the FED's 2% goal. I use the actual index values rather than the one-digit changes that are commonly reported in the media. Links to the data are with the graphs -- see bottom of post
"Regular" is the "headline" number that has "everything"
"Core" is the regular with food and energy removed (The Fed prefers this as a basis for projecting FUTURE inflation)
The "1 month" number is the change from February to March, expressed as an annualized number (for the PCE it's the change from January to February; the PCE folks don't do March until near the end of April).
3/29/24 PCE (Fed's favorite inflation measure)
REGULAR 3 month: 3.4%, REGULAR 1 month: 4.1%; CORE 3 month: 3.5%, Core 1 month: 3.2%;
4/10/24 CPI
REGULAR 3 month: 4.6%, REGULAR 1 month: 4.6%; CORE 3 month: 4.5%, Core 1 month: 4.4%;
4/11/24 PPI (Wholesale prices)
REGULAR 3 month: 4.4%, REGULAR 1 month: 1.9%; CORE 3 month: 4.7%, Core 1 month: 2.5%;
For graphs, for the CPI and PCE, see https://www.democraticunderground.com/10143223421#post4
and, for the PPI: https://www.democraticunderground.com/10143223987#post4
EDITED TO ADD - because I'm seeing so many mischaracterizations of recent inflation trends, I made a post of the above that displays all of the graphs, all in one post --
https://www.democraticunderground.com/111697820#post12
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