Core PCE YoY 1.6% vs 1.5% estimate
The headline PCE deflator rose by 0.0% for the month which was as expected. The YoY deflator was also as expected at 0.8%. Overall, the data was as expected with the exception of the Core YoY rounded up on the month to 1.6% from 1.5% estimate. The value was actually a touch lower from last month but remains at 1.6% for the year (see chart below).
![](http://az705044.vo.msecnd.net/20160829/2016-08-29_8-45-47.jpg)