Link: https://mishtalk.com/economics/the-feds-preferred-measure-of-inflation-jumps-to-6-6-a-40-year-high
Graphic:
Excerpt:
The PCE price index for March increased 6.6 percent from one year ago, reflecting increases in both goods and services.
Energy prices increased 33.9 percent
Food prices increased 9.2 percent.
Excluding food and energy, the PCE price index for March increased 5.2 percent from one year ago.
Author(s): Mike Shedlock
Publication Date: 30 April 2022
Publication Site: Mish Talk