The Federal Reserve’s preferred inflation gauge increases in September, according to data released by the Bureau of Economic Analysis (BEA). The personal consumption expenditures (PCE) price index rises 0.5% for the month and is up 3.6% from a year earlier. Core PCE inflation reaches 3.1% year over year.
Both outlets cite the same BEA release and describe a modest acceleration after a weaker period. Quartz emphasizes the speed-up in the Fed’s favored measure and highlights the core inflation rate. The Hill likewise focuses on the September uptick, framing it as a slight increase following a decline in August and adding that the monthly and annual figures come from the PCE data.
