Viewing a single comment thread. View all comments

denandrefyren t1_jeevekp wrote

Reply to comment by OneWhoSearches in Fed inflation gauge February 2023: Core PCE up 0.3%, less than expected by bambin0

Well that's because food prices aren't included in core CPI, neither are energy prices. They're considered "too volatile".

74

guitar_vigilante t1_jefsus8 wrote

No that isn't why. The food index increased 0.4% for February, and also the main CPI number published by the BLS is not Core CPI, so the number in the headline is not what you implied it is nor is the .4% increase in food out of line with the aggregate index.

27