Will chained PCE inflation increase more than 2% annualized in January 2024?
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Ṁ290Ṁ4.5kresolved Feb 29
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This would entail a PCEPI above 121.6215 in January. Will close on February 29th according to the current release hosted here: https://www.bea.gov/data/personal-consumption-expenditures-price-index
Here’s what it’s looked like over the past 7 years:
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It increased by 4.2% annualized to a new value of 121.87
https://www.bea.gov/data/personal-consumption-expenditures-price-index
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