Trimmed Mean PCE: The inflation rate over the 12 months ending in December was 2.0%. According to the BEA, the overall PCE inflation rate was 1.6% on a 12-month basis and the inflation rate for PCE excluding food and energy was 1.6% on a 12-month basis.https://www.dallasfed.org/research/pce
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PCE Behind the Numbers:
Gasoline Prices Up Sharply in December
Food Prices (Again) Close to Unchanged
Core Goods Prices Little Changed; Services Up in December
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.https://www.dallasfed.org/research/pce/2019/pce1911.aspx …
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