The core PCE price index in the United States rose 2.8% year-on-year in October, the largest increase since April this year

The core PCE price index in the United States rose by 2.8% year-on-year in October, the largest increase since April 2024, and is expected to increase by 2.8%, compared with the previous value of 2.7%. The core PCE price index in the United States rose by 0.3% month-on-month in October, compared with the previous value of 0.3%.