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How do you measure inflation? It helps to know your PCEs from your CPIs.
Dec 22, 2021

How do you measure inflation? It helps to know your PCEs from your CPIs.

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Also today: Concerns over omicron have led to several big-name companies bailing out of the Consumer Electronics Show, one of tech's biggest events. Susan Schmidt of Aviva Investors is here to talk about the markets with us.

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What the PCE index tells us about inflation

Dec 22, 2021
The Fed looks to the Personal Consumption Expenditures, or PCE – as a real time measure of inflation alongside the Consumer Price Index.
The PCE factors in consumer substitutions, like if people buy chicken instead of beef because it's cheaper.
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The team

Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director