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Username: Fluffy

Rating:
Guru Stars

Asked to: Chaoxiang Lee

Date Created: 29 Apr 2015
Category 46
Tag Forex
Question PCE price index: what is it?
Advice from Guru
Hello Fluffy,

A measure of price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.

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