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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
United StatesPCE Prices QoQ Adv climbed to 4.2 in January 2023
PCE Prices QoQ Adv climbed to 4.2 in January 2023, up 0.5 from December's 3.7 reading. The print exceeded the 0.5 consensus by 3.7. The print is running well below the 12-month average of 4.45. PCE Prices QoQ Adv is now the highest in 6 months.
Latest Release
4.2
Actual
0.5
Consensus
3.7
Previous
The April 2023 reading rose from the previous value of 3.7. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
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PCE Prices QoQ Adv - US
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