Core PCE Inflation
Definition
The rate of change in the U.S. personal consumption expenditures price index excluding food and energy.
United States
How does core PCE differ from core CPI?
Both exclude food and energy. They can still diverge because they start with different baskets and weights. A rise in shelter costs, for example, can have a different impact on the two measures.
U.S. Bureau of Economic Analysis PCE price index