PCE Inflation, Maverengerwo Ayo, Uye Nei Fed Inofarira Iyo

Chikonzero nei Matambudziko Anokonzerwa Nezvokudhura

Iko kuwedzera kwePCE mutengo ndiyo Inoshandiswa Kwemari Inoshandiswa Mitengo Indekisi. Inotarisa kuchinja kwekutengeswa kwezvinhu zveimba uye mabasa. Muna February 2018, mutengo wakasimudza 1.8 muzana mugore rapfuura, maererano neBy Personal Income uye Outlays Report.

IPCEPI inowedzera kunyeverwa nezvekuwedzera kwezvinhu apo inoderedza zvinoratidza kusagadzikana . Inonziwo pCE price index, PCEPI, uye PCE deflator.

Core PCE Inflation

Iyo PCE price index inowedzerawo kuwedzera kwekuwedzera kwezvinhu . Iko kusingabatanidzi mafuta, gesi , uye zvokudya zvekutengesa . MunaFebruary 2018, mutengo wepakati waiva 1,6% wepamusoro -gore-kupfuura gore .

Misika yemitengo inosarudza mitengo yemafuta, izvo zvino zvinokanganisa gasi uye zvokudya zvekutengesa. Apo vatengesi vanotarisira kuti mafuta kana kudiwa kunoshanduka, vanofungidzira pamusoro pemafuta emafuta. Simba renharaunda rinokanganisawo mitengo yemafuta. Nheyo yePCE mutengo wekutsvaga inobvisa icho chisingadi uye inopa mufananidzo wakajeka wezvinodikanwa zvekuwedzera. Iyo inoshuma pamusoro pemhando dzose dzehupfumi.

Maverengerwo Akaverengwa

Bhizinesi re Economic Economic estimates inotora PCE price index mwedzi mumwe nomumwe. Inoshandisa imwechete data inogadzira mushumo wepakombiyuta wepakombiyuta. Asi mushumo uyu unoyera kukwidziridzwa, uye PCE mutengo wekuenzanisa unotenga vatengi kutenga. Iko BEA inoshandura sei mutauriri weGDP kune PCE price Index?

Chokutanga, BEA inofungidzira kuti yakawanda inopedzerwa sei maererano neDP data kubva kuvashambadziri.

Icho chinosanganisira kutengeswa kwevashandi, mari yezvinhu zvinobatsira, mapato emari, uye makomiti ekuchengetedzwa kwekodzero. Zvadaro, inowedzera zvinotengeswa . Iyo inobva yabvisa kutengesa kune dzimwe nyika uye kuchinja kuwanikwa kwekutsvaga kuverenga mari inowanikwa yekushandisa mudzimba. IWE BEA inopa chigumisiro pakati pevatengi vanozvitenga.

Inoshandisa izvi pane dhiyabhorosi yedhesi, Densus data, uye mitsva yekuongororwa kwemhuri.

Nhanho yekupedzisira inosanganisira kutendeuka mitengo, iyo inenge ichiri mutengo wemhizha, kusvika pakupedzisira mutengo wakabhadharwa nevatengi. I-BEA inotangira zvigaro paIndekisi yeVatengi . Iyo PCE mutengo wekutsvaga inosanganisira kuongororwa kubva kune mamwe matengo emitengo. Inowedzera mari yekubhadhara miganhu, mitero, uye kutakura mari. Izvozvo zvinoita kuti zvive zvishoma zvakanyanya zvakadzika. IWE BEA inosanganisira data kubva kuCensus Bureau ye Economic Censuses, International Transactions Accounts, uye masangano ehurumende akasiyana-siyana. Semuenzaniso, mutengo wekudya unokura uye wadyiwa purazi inobva kuA USDA. Muganhu wemutengesi wemotokari yakashandiswa uye matori inotorwa zvakananga kubva ku National National Dealers Association.

Sezvo gwaro reGDP riine chikamu chechina, uye PCE mutengo wekuenzanisa inofungidzirwa mwedzi, BEA inofanira kufungidzira kunyange zvakanyanya kuzadza kupera. Inoshandisa izvi kushandisa mwedzi wekutengesa mutengo wekutengesa . Uyezve, iyo BEA inovandudza maitiro ayo ose uchishandisa mashoko kubva kuU.S. Population Population Census makore gumi nerimwe. (Chinyorwa: "Methodology Papers," NIPA Handbook: Mazano uye Nzira dzeSouth National Income uye Product Accounts, Chitsauko 5: Zvimwe Zvokushandisa Mari, Bhizinesi rezveMari.

PCE Price Index neCPI

PCE mutengo wekodzero ndiyo inonzi inozivikanwa yekutengesa kwepamusoro. Vanhu vakawanda vanoziva Nhamba yeAvatengi veNhamba. Chii chakasiyana? Inyo yePCE inoshandisa data kubva kuGP report uye mabhizinesi. Iko CPI inotorwa kubva kuongororo yeimba yakagadzirwa neBhood of Labor Statistics . Inotsvaga mhuri 14,500 uye mabhizinesi 23 000 vanowanzogara. Iyo BLS inounganidza mitengo yevana 80 000 zvekutengesa. Iko CPI inosanganisira kutengesa mitero, asi kwete mari yemitero. Kana uchida zvimwe nezvekuongorora kwePCI, enda kune webhusaiti yeBSS.

Iyo PCE price Index inounganidza dhenda kune mamwe marudzi akasiyana ezvigadzirwa nemabasa kunze kweCPI inobata. Semuenzaniso, PCE mutengo wekodzero inobata mabasa ehutano hwehutano akabhadharwa nevashandirwi-vanochengetwa hutano hwehutano Medicare neMedicaid. Iko CPI inongorayira rubatsiro rwezvehutano rwakabhadharwa zvakananga nevatengi.

Chechipiri, iyo PCE price index uye CPI inoshandisa marudzi akasiyana emhando yekuverenga kuchinja kwemari. Iko yePC formula inowanzoita kuti ichitaurire kutengesa kwemari yakawanda muine peteroli. Iko kuverenga kwePCE kunotarisa kunze kwemitengo iyi. Izvozvo zvinoita kuti PCE isati ichinetsa kupfuura iyo CPI. (Chinyorwa: Jill Mislinski, "Nhanho mbiri dzeZvipuriro: Itsva Hutsva," Muongorori Mazano, August 29, 2016.)

Kuenzaniswa Kwakawanda Kwokufambiswa Kwekuwedzera

Muna Gumiguru 2012, Federal Reserve yakataura pamusangano wayo wegore negore weFOMC kuti inoshandisa iyo pure yemari yePCE index seyoyo yepamusoro yehuwandu hwekuwedzera. Kana huwandu hwekutsvaga kwekutengeserana huri pamusoro pemari yeFed 2 muzana inotarirwa kuwedzera kwekuwedzera kwemari kwenguva yakareba, ipapo Fed ichaita chiito kudzivirira kupera . Mutsara wokutanga wekudzivirira uri kusimudzira mari yakadyiwa mari , asi ine zvimwe zvinhu zvakawanda . IFed inoshandisa mutengo wekutsvaga kwekutengesa nokuti zvokudya, mafuta uye gasi zvinotengesa zvakakurumidza zvikuru, kunyanya munguva yegore nekuzhizha, uye zveFid zvishandise zvinotora nguva yakareba kuti dziite.

Chikonzero nei Core PCE Price Index Yakasunungurwa

Muna July 2009, BEA yakatsanangurira zvakange zvakabatanidzwa mumusoro wePCE mutengo wekodzero. Iko zvino inosanganisira mitengo yezvokudya zvekudya uye pet chikafu. Kunyange zvazvo ichi chiri chikafu chekudya, BEA yakatsvaga zvokudya zvekudya pakudya pasi pekudya zvekudya uye chikafu chekudya pasi pemhuka dzemhuka . BEA inofunga nezvekutengesa kwekudya kwekudya kwekutengesa uye chikafu chekudya kuti zvive zvishoma kudarika zvinodhura zvekutengesa zvokudya zvekutengesa. Ichocho kunyanya chokwadi kune miriwo mitsva inofanirwa kutorwa nemakwikwi makuru uye saka inopesana nemutengo wemafuta uye gasi. Kuchinja kwemitengo yezvokudya zvepanyama uye yekudya kwekudya kwekudya kwekudya kunenge kuchiri kuonekwa kwechokwadi chaiyo inowedzera kutsika kwezvinhu.

Dzimwe Nyaya Nyaya: Yakagadzirirwa Zvimwe Zvishoma | PCE Inflation Dispersion | PCE Inflation Analysis