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(Matt Slocum / AP)

Rapport: USA:s konsumenter får ta tullkostnaden

Effekterna av USA:s handelstullar på amerikanska konsumentpriser har knappt börjat synas, men kommer snart att leda till att konsumenter får bära upp till 67 procent av kostnaderna. Det visar siffror som Goldman Sachs analytiker har tagit fram.

Enligt analytikernas rapport har amerikanska företag absorberat de största smällarna från tullarna under sommaren, men bördan kommer läggas på konsumenterna så snart företagen börjar höja priserna.

Det i sin tur kommer resultera i en allt snabbare inflation, menar analytikerna och spår att den amerikanska PCE-inflationen kommer nå 3,2 procent i årstakt i december.

bakgrund
 
Personal consumption expenditures price index
Wikipedia (en)
The PCE price index (PCEPI), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase in prices for all domestic personal consumption. It is currently benchmarked to a base of 2017, consistent with the US National Accounts. Using a variety of data including U.S. Consumer Price Index and Producer Price Index prices, it is derived from the largest component of the GDP in the BEA's National Income and Product Accounts, personal consumption expenditures. PCE data is published monthly by the Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA). The personal consumption expenditure (PCE) measure is the component statistic for consumption in gross domestic product (GDP) collected by the United States Bureau of Economic Analysis (BEA). It consists of the actual and imputed expenditures of households and includes data pertaining to durable and non-durable goods and services. Essentially, it is a measure of goods and services targeted towards individuals and consumed by individuals. The less volatile measure of the PCE price index is the core PCE (CPCE) price index, which excludes the more volatile and seasonal food and energy prices (e.g., oil, natural gas, and electricity). PCE has been tracked since January 1959 and tended to record softer inflation readings than the CPI. This may be due to the failure of CPI to take into account the substitution effect. Alternatively, an unpublished report on this difference by the Bureau of Labor Statistics suggests that most of it is from different ways of calculating hospital expenses and airfares.

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