SEP compilation Table 2, PCE inflation, 2007

PCE inflation in 2007: 3 %

Source

Verdict

Not graded yet.

All captured fields

variable

PCE inflation

metric

PCE inflation

statistic

median (computed from individual projections)

target year

2007

horizon

current_year

value

3

unit

%

definition

Percent change in the PCE price index from the fourth quarter of the previous year to the fourth quarter of the year indicated

confidence

medium

note

Not published at the time. Median computed by Hindsight from the 17 individual projections in Table 2 of the SEP compilation, which the Federal Reserve released with a five-year lag. The central tendency was the published statistic at the time.