Oct 2024 PCE Inflation Estimate

I am a little with PCE inflation estimates these month, but we still have about 1.5 hours before the Oct PCE goes out. Without further ado, my Oct PCE estimates are:

Headline:

+0.2% MoM and +2.3% YoY

Core

+0.3% MoM and +2.8% YoY

which is in line with consensus.

Here are my unrounded estimates:

---

If you liked Oct PCE estimates, you will love what Arkomina Research has to offer.

Arkomina Research offers 3 key macro and mkt reports:

1. Marko's Brain Daily - daily macro and mkt analyses of all relevant indicators, Fed speakers, long-term yields, general market predictions and other

2. Marko's CPI Report - forward looking inflation indicators, detailed #CPI forecast and forward trajectory for headline and core CPI

3. Marko's Fed Report - current state of the economy and chances for a soft landing/recession, analysis of the monetary policy lags and when will they start to bite more aggressively, what the Fed has done so far, what they will likely do going forward, UR trajectory PCE headline and core trajectory

To receive all 3 reports each trading day, month and before each Fed meeting, make sure to subscribe to

Arkomina Research Pro Investor at this link: http://ArkominaResearch.com/Subscriptions/

---

DISCLAIMER

These articles are for discussion and educational purposes only.

Past performance is no guarantee of future results.

Although specific securities and economic forecasts may be discussed in articles, you should NOT construe any comment as a call to buy or sell any security, or as a legal, tax, investment, financial or other advice. Consult your own advisors if you require such advice.

ANY USE OF THESE ARTICLES IS AT YOUR OWN RISK AND LIABILITY. Neither Arkomina Consulting Ltd nor Marko Bjegovic as its director or any employee, accepts any liability whatsoever for any direct, indirect, consequential, moral, incidental, collateral or special damages or losses of any kind.