PCE January 0.3% (December was 0.4%);;: 12 months: 2.8%;;
CORE PCE: 0.4% (December was 0.4%);; 12 months: 3.1%,
3/13/26
SOURCE URLS: 3/13/26 release: https://www.bea.gov/data/income-saving/personal-income
. . . CURRENT RELEASE - https://www.bea.gov/news/2026/personal-income-and-outlays-january-2026
. . . FULL RELEASE AND TABLES - https://www.bea.gov/sites/default/files/2026-03/pi0126.pdf
. . . PCE DATA SERIES: https://fred.stlouisfed.org/series/PCEPI
. . . CORE PCE DATA SERIES: https://fred.stlouisfed.org/data/PCEPILFE
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The CORE PCE is the Federal Reserve's favorite gauge for forecasting FUTURE inflation. This doesn't fit the media's typical narrative that inflation is coming down or at worst "sticky".
Remember the graphs (and OP) on inflation are JANUARY. The FEBRUARY ones are likely to be uglier, given the CPI ones for February that came out 2 days ago --
https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3630564
Oh, almost forgot - the Iran thing and the oil and LNG and fertilizer price spikes? The attack on Iran began on Saturday, February 28. So none of this is in the January graphs above. And isn't in the February CPI graphs either and won't be in the February PCE when that comes out April 9.
So, the above (January and February) may very likely be remembered as the "good ol' days" of the Trump II kakistocracy.
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