Consensus forecast for headline PCEPI was also 0.3% MoM, 2.5% YoY, so actual figures matched expectations .
**Core PCEPI** (all items less food and energy) increased by 0.4% MoM, 2.8% YoY (compared with 0.3% MoM, 2.7% YoY in January).
Consensus forecast (per Investing.com) for core PCEPI was 0.3% MoM, 2.7% YoY increase, so actual figures surprised on the high side.
Personal income increased 0.8% MoM in February, compared with 0.7% MoM in January. Consensus forecast was 0.4% MoM, so actual figures surprised on the high side.
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How could Joe Biden do this
It’s the eggs
You are all wrong. It’s caused by Canada and Mexico.
Formatted the JeromesNiece way with no ambiguity:
February 2025 PCE release: price index increased 0.3% MoM, 2.5% YoY (compared with 0.3% MoM, 2.5% YoY in January).
https://www.bea.gov/news/2025/personal-income-and-outlays-february-2025
Consensus forecast for headline PCEPI was also 0.3% MoM, 2.5% YoY, so actual figures matched expectations .
**Core PCEPI** (all items less food and energy) increased by 0.4% MoM, 2.8% YoY (compared with 0.3% MoM, 2.7% YoY in January).
Consensus forecast (per Investing.com) for core PCEPI was 0.3% MoM, 2.7% YoY increase, so actual figures surprised on the high side.
Personal income increased 0.8% MoM in February, compared with 0.7% MoM in January. Consensus forecast was 0.4% MoM, so actual figures surprised on the high side.
[FRED graph of YoY change in headline and core PCE](https://fred.stlouisfed.org/graph/?g=1hBFT)
[FRED graph of MoM change in headline and core PCE](https://fred.stlouisfed.org/graph/?g=1hBG2).
Tariffs are inflationary? Wow.
new patriotic duty located