Ultima MarketsMarket Hotspots: US Consumer Prices Continue to Fall, Inflation Setting Possible...

Continuing4Monthly data growth0.3% Afterwards,5Monthly US Personal Consumer Expenditure Price Index（PCE）Compared to last month, it remains unchanged, marking the smallest change in six months and consistent with the valuation. Further exploration reveals a decline in commodity prices0.4%The service price will increase slightly0.2%。

Exclude the core of volatile food and energy pricesPCEindex5Monthly increase0.1%Below4Observation of the Month0.3% The increase is also due to2023year11The lowest reading since the beginning of the month. The report conforms to the forecast.

Observing by category, food prices have only increased0.1%Energy prices have dropped significantly2.1%。 These numbers help alleviate overall inflationary pressures.

In terms of annual growth rate,PCEAnd the corePCEThe ratios have all decreased to2.6%。 Core personal consumption expenditure inflation is coming3Annual minimum level.

These personal consumption expenditure data are closely monitored by the Federal Reserve as they provide important insights into inflation trends and consumer spending patterns, which in turn influence future monetary policy decisions.

dollar 6 Mid month contract 1.2%Summary of the second quarter's increase1.3%。 The Federal Reserve has postponed the timing and frequency of interest rate cuts, leading to the strengthening of the currency.

(Core)PCEIndex annual ratio%The United States Bureau of Economic Analysis

(Monthly chart of the US dollar index)

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