Today’s PCE inflation report shows the following trends:

Headline PCE:

+0.6% seasonally adjusted in January, following +0.2% in December

+5.4% year-over-year

+4.0% latest 3 months annualized

+4.1% latest 6 months annualized

Core PCE: (excludes food and energy)

+0.6% seasonally adjusted in January, following +0.4% in December

+4.7% year-over-year

+4.7% latest 3 months annualized

+5.1% latest 6 months annualized

Summary Tables from BEA.gov PCE report:

Percent change from the same month one year ago:

Source: BEA.gov

Source: Dallas Fed