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US core PCE inflation holds steady at 2.8% in December as expected
Friday, 31 January 2025 20:53 WIB | ECONOMY |Ekonomi AS

Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.6% on a yearly basis in December from 2.4% in November, the US Bureau of Economic Analysis (BEA) reported on Friday.

The core PCE Price Index, which excludes volatile food and energy prices, rose 2.8% in the same period, matching November's reading and the market expectation. The core PCE Price Index rose 0.2% on a monthly basis.

Source: Fxstreet

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