Wednesday, April 30, 2025

Core pce inflation numbers were finally updated in this chart by the BEA at 147pm EDT showing revisions but the same old story: No core inflation progress in a year

Core inflation in Mar 2025 year over year is 2.64%, still ahead of the lowest reading in the last year at 2.63% in Jun 2024.

Core inflation has been sideways for a year and more, and nowhere near 2% or below as in the pre-pandemic era.

The revised 2.96% for Feb 2025 is equivalent to the 2.97% reading in Mar 2024.

That Feb spike helps explain why the 1Q2025 reading was up 3.5% from 4Q2024.