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IPC Index — Mexico MarketBreaking: US Core PCE inflation rises to 2.8% in February vs. 2.7% forecast
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.5% in February, the US Bureau of Economic Analysis reported on Friday. This reading matched the market expectation and January’s reading.
The core PCE Price Index, which excludes volatile food and energy prices, increased 2.8% on a yearly basis in February, above analysts’ forecast and January’s increase of 2.7%. On a monthly basis, the PCE Price Index and the core PCE Price Index rose 0.3% and 0.4%, respectively.
Other details of the report showed that Personal Income increased by 0.8% on a monthly basis, while Personal Spending rose by 0.4%.
Market reaction to PCE inflation data
The US Dollar stays resilient against its rivals following this report. At the time of press, the USD Index was up 0.12% on the day at 140.40.
US Dollar PRICE This week
The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.37% | -0.15% | 0.92% | -0.26% | -0.36% | 0.24% | -0.05% | |
| EUR | -0.37% | -0.63% | 0.00% | -0.59% | -0.75% | -0.08% | -0.39% | |
| GBP | 0.15% | 0.63% | 1.03% | -0.59% | -0.14% | 0.56% | 0.13% | |
| JPY | -0.92% | 0.00% | -1.03% | -1.16% | -1.29% | -0.64% | -0.98% | |
| CAD | 0.26% | 0.59% | 0.59% | 1.16% | -0.05% | 0.51% | 0.20% | |
| AUD | 0.36% | 0.75% | 0.14% | 1.29% | 0.05% | 0.68% | 0.37% | |
| NZD | -0.24% | 0.08% | -0.56% | 0.64% | -0.51% | -0.68% | -0.24% | |
| CHF | 0.05% | 0.39% | -0.13% | 0.98% | -0.20% | -0.37% | 0.24% |
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 Ja
