- PCE reading for April: 2.1% YoY (expectations: 2.2% Yoy: previously: 2.3% YoY)
- PCE monthly: 0.1% MoM (expectations: 0.1% MoM; previously: 0.0% MoM)
- PCE Core: 2.5% YoY (expectations: 2.5% YoY; previously: 2.6% YoY)
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, declined to 2.1% in April from 2.3% in March, the US Bureau of Economic Analysis reported on Friday. This reading came in below the market expectation of 2.2%.
The core PCE Price Index, which excludes volatile food and energy prices, rose 2.5% in the same period, down from the 2.7% increase reported in March and in line with analysts’ estimates. The PCE Price Index and the core PCE Price Index both rose 0.1% on a monthly basis.
Other details of the report showed that Personal Income and Personal Spending grew 0.8% and 0.2%, respectively, on a monthly basis in April.
Market reaction to US PCE inflation data
The US Dollar Index showed no immediate reaction to these figures and was last seen rising 0.1% on the day at 99.44.
US Dollar PRICE Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.23% | 0.04% | -0.32% | -0.06% | 0.37% | 0.01% | -0.05% | |
| EUR | -0.23% | -0.17% | -0.59% | -0.28% | 0.19% | 0.11% | -0.27% | |
| GBP | -0.04% | 0.17% | -0.39% | -0.10% | 0.37% | 0.11% | -0.09% | |
| JPY | 0.32% | 0.59% | 0.39% | 0.27% | 0.79% | 0.49% | 0.34% | |
| CAD | 0.06% | 0.28% | 0.10% | -0.27% | 0.52% | 0.20% | 0.01% | |
| AUD | -0.37% | -0.19% | -0.37% | -0.79% | -0.52% | -0.06% | -0.46% | |
| NZD | -0.01% | -0.11% | -0.11% | -0.49% | -0.20% | 0.06% | -0.38% | |
| CHF | 0.05% | 0.27% | 0.09% | -0.34% | -0.01% | 0.46% | 0.38% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
